(541) 419-4730
Sign Up Login

Posts from September 7th, 2023

Seth Brent Blog

Subscribe and receive email notifications of new blog posts.




rss logo RSS Feed
bend oregon real estate bend real estate bend oregon Central Oregon Real Estate central oregon bend homes 97701 97702 first-time home buyers living in bend oregon bend oregon housing market central oregon housing market 97701 neighborhoods 97702 neighborhoods first-time home buyer tips buying your first home first-time home buyer education bend homes for sale bend home prices bend single family homes bend real estate trends Bend Luxury Homes multiple offer bidding war newsletters Downtown Bend Bend Foodies Food Restaurants Bend Central Oregon Hikes Why We Love Central Oregon Places to See in Central Oregon Bend Premier Real Estate Brokers Bend Premier Real Estate Agents Hiking Central Oregon Sisters Central Oregon Real Estate Trends Redmond Oregon Real Estate Redmond Real Estate Trends Redmond Awbrey Butte Awbrey Glen Awbrey Village Brasada Ranch Broken Top Caldera Springs Crosswater NorthWest Crossing Pronghorn Skyliner Summit Tetherow Widgi Creek Westgate Discovery West Phase 2 Discovery West Phase 3 Discovery West Phase 4 Discovery West Phase 5 Shevlin Park area Old Mill Prineville La Pine Madras Powell Butte Bend New Construction Bend New Homes Rivers Edge Village Deschutes RiverWoods Eagle Crest Bend Oregon Commercial Real Estate Bend Oregon New Construction Bend Commercial Real Estate Mt Bachelor Village The Bridges Tuscany Pines Easton Wood River Village River Rim Shevlin Ridge Mortgage Black Butte Ranch Sunriver Terrebonne Culver Crooked River Ranch The Oxfored Box Factory Fun Real Estate Facts
September
7

Bend Real Estate Sales Cooling Fall 2023

While it is typical in the Bend and Central Oregon real estate markets to see a slowdown in sales once we enter into late fall, the change to our market seen in August 2023 did not follow the normal trends. With the 30 year mortgage interest rate now above 7%, the purchasing power of many potential home buyers has been significantly changed. In addition, the number of sellers willing to sell a home which has a mortgage of less than 5% has curtailed new listings coming on the market. This has kept inventory low, pushed prices up and greatly impacted the number of Bend real estate sales.

Freddie Mac Mortgage Chart August 2023

Year Over Year Trends for Bend Single Family Home Sales

When we compare August of 2023 with August of 2022, Bend single family home sales on less than an acre show the following trends:

Click Here to Read More...

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 12:35:16 AM EST) or RMLS (last updated Tue 06/02/2026 12:33:19 AM EST) or COAR/MLSCO (last updated Tue 06/02/2026 12:31:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel