The real estate market in Bend continues to fracture along various price points. Consider the sales activity outlined below for houses priced up to $250k, between $250k and $400k and above $400k.
Many houses below $250k are receiving multiple offers, or
selling quickly (there are currently 145 for sale in this price range, with 77
closed sales last month; a 2 month supply, indicating a seller’s market).
In the mid-range ($250k to $400k), 26 sold last month and
144 are currently listed for sale (5 to 6 months of inventory – typically
considered a balanced market)
Above $400k, 157 houses are currently for sale, with only 14
sold last month (11 months of supply – definitely a buyer’s market).
If you're curious to know what your house would sell for, or are interested in possibly buying a new home (the rental market is very good right now), please call me at 541.410.9060.
