bend median home price: Bend Real Estate Statistics March 2010 - 04/14/10 02:26 PM
There are currently 1120 properties for sale in Bend, 185 contingent sales, 359 pending sales, and 178 homes sold in March. The median sales price in Bend is $205,500, up from $193,000 in February. Overall days on market for all sales was 162.
There are 85 bank owned homes for sale, 107 pending bank owned sales, and 69 bank owned homes sold in March. 34% of the sales in March were bank owned properties. The average days on market for bank owned homes was 90, which includes time in escrow, typically 30-45 days if the buyer got a loan.
Short sales … (0 comments)
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bend median home price: Bend Real Estate Statistics February 2010 - 03/02/10 04:59 PM
There are currently 1147 homes for sale (up quite a bit from January), 198 contingent sales, 345 pending sales (way up from January), and 128 homes sold in February 2010. The median home price was $193,000, up a little bit from the median sales price of $182,950 in January 2010.
Of the 128 homes that sold, 50 were bank owned (39%) and 28 were short sales (22%), so 61% of the sales were distressed properties. The median sales price of the bank owned homes was $171,250 and the median sales price of the short sales was $186,250. The median sales price of … (0 comments)
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bend median home price: Bend Real Estate Statistics December 2009 - 01/31/10 08:07 PM
December was another decent month with 1073 homes for sale, 185 contingent sales, 314 sales pending, and 190 sales. Bend mirrored the national trend in that we had slightly fewer sales than in November but more homes were pending. The median home price was $224,000.
Only 92 (8.5%) of the homes for sale are bank owned, while 86 (27%) of the homes pending and 64 (34%) of the homes that sold were bank owned. The median price of the bank owned properties that sold was $176,000 with most of the sales occuring in the $120,000 - $160,000 price range.
Short sales make up 210 (19.5%) of … (0 comments)
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bend median home price: Housing Inventory Plummets in Bend - 11/13/09 05:09 PM
A recent article in The Bulletin indicates that the local real estate market may be shaping up for recovery. The number of homes for sale is roughly 50% off its peak of August 2007. Low home prices, low interest rates, and the tax credit incentive have all contributed to the increase in home sales. An inventory of 6 months is considered to be a balanced market. Anything less signifies a seller's market and anything greater indicates a buyer's market. For homes listed at $300,000 or less, which is the most active segment of the market, the inventory is currently 3 months. Bend's median … (0 comments)
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bend median home price: Bend Real Estate Statistics September 2009 - 10/05/09 09:34 AM
During the month of September there were 1543 homes for sale, 264 contingent sales, 328 homes pending, and 173 homes sold. Sales were up in September compared to August but the number that really stood out to me was the number of homes pending. Pending sales are way up. I think it's probably first time buyers trying to close in time to get the $8000 tax credit. Most of the pending sales are in the $200,000 - $250,000 price range and within that range, the majority actually fall between $200,000 - $225,000. However, pending sales over $500,000 are also up. In … (1 comments)
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bend median home price: Bend Real Estate Statistics August 2009 - 09/21/09 05:28 PM
There are currently 1546 active listings, 236 contingent sales, 211 homes pending, and 153 homes sold in August 2009. The median sales price is $225,000. I think it’s interesting that there are 326 homes for sale under $200,000 yet that’s not the most active segment of the market. The majority of the sales are over $200,000. Affordability is an issue in Bend. Now we have homes available for less than $200,000 but buyers are focusing on the higher priced homes. We even have about 100 homes for sale under $150,000.
Of the active listings, 86 are bank owned and 309 are … (0 comments)
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