Periodically I like to share the real estate trends in Bend, it’s a great quick snap shot of the Bend market. We had just 666 homes for sale, of those 281 were new listings. Pending sales increased 37% over January! At the end of February we had just barely over two months of inventory after pended sales. The lowest point in the last 15 months. That number will and has increased this month as more homes are coming on the market as we head straight into the buying season. The average days on market in February were 133 with the median price right at $325,000. Homes sold for an average of 96% of the list price with most at 100%.
Please don’t hesitate to ask me for a more personalized report or if you would like access to our MLS, just ask me to set up a portal for you, you will be able to get daily updates on homes in your search criteria.