Posts with tag 'Shevlin Park area'
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Bend Oregon Real Estate | April 2025 Trends
Bend Home Inventory is Up With Closings Down
The data has been published and the early spring trends year over year for 2025 reflect Bend's single family home real estate market with prices still rising, inventory up considerably, pending sales up, days on market up, and overall closings down.
The increased inventory has provided more options for Bend home buyers and many sellers are willing to negotiate price and terms in order to get their property sold. Those sellers unwilling to do this are often finding their property sitting with little activity. The...
10
Bend Oregon Real Estate | March 2025 Trends
Bend Home Prices Appear to be Leveling Off
Spring 2025 has begun with many economic and political changes within the country. The uncertainty of tariffs and the stock market may ultimately result in a pull back in home sales. However, the beginning of April has had strong real estate sales for Bend Premier Real Estate brokers. It could be with people not having confidence in the stock market, the proven reliability of real estate to consistently gain value over time coupled with more certainty in mortgage interest rates leveling or even dropping could result in a boom in Bend home sales. The next few months could be a roller coaster, or perhaps a more steady-as-she-goes market....
7
Bend Oregon Real Estate | February 2025 Trends
Bend Real Estate Inventory is Way Up
The real estate trends for Bend single family homes are reflecting a changing market. Sales are dependent upon a mortgage interest rate that works for the majority of home buyers, but also upon available homes from which to choose. February 2025 saw a shift in both categories with a large increase in home inventory as well as a more moderate reduction in mortgage interest rates. Buyers are finding many more homes on the market that may meet their search criteria. Sellers are finding that in order to make their home stand ou...
20
Bend Luxury Homes | 2024 Trends
What Happened With Bend Luxury Homes in 2024?
2024 was a year that reflected changes for Bend Oregon real estate. The high end luxury home market had more listings and more activity in 2024 compared with 2023. In particular, homes listed in all categories over $1,000,000 had strong sales with the only exception in the $1,300,000 to $1,599,999 category in which there was a 14.4% decrease in home sales. In this same category, days on market were up over 113% with an increase of 85% in months of supply (up to over 5 months). Based on an earlier 2024 review of the Bend luxury market, it was determined that many listings taken in this price point required pri...
5
Bend Oregon Real Estate | January 2025 Trends
2025 Bend Home Sales Have Started Off With a Bang
After the slower market traditionally experienced in December, Bend home sales started 2025 with an strong uptick. Many home sellers are no longer waiting to spring to list their properties, and many buyers are back in the market, despite the 30 year mortgage rate near 7%. Both new listings and new sales were significantly up in January 2025 compared with the previous year.
Historically, during a presidential election year, home sales slow across the country. However, according to the Department of Housing and Urban D...
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