Special offer

Bend, Oregon Homes are Selling!

Managing Real Estate Broker with The Lowes Group 200410321

With the end of March approaching I wanted to see where we were headed as far as total number of residential home sales.  The numbers are encouraging with 55 homes sold thus far in Bend and 152 pending sales as of today.  The majority of the homes sold are on the lower end of the market, as the $225,000 median home sales price suggests.   The activity in the upper end of the market is slow at best.

Scanning the pending sales shows a continuation of this trend.  Foreclosures are making up a healthy percentage of these transactions.  The good news is the foreclosures are moving and the quicker we get rid of them the quicker we will find market stabilization.  If you would like a list of Bend, Oregon foreclosures sent to you follow this link.

Although it is doubtful we will get to March 2008's 93 residential homes sold, we can take solace in the fact that homes are selling and that interest rates remain extremely attractive.  

With Spring comes hope and with hope comes change.  I look forward to sunny days ahead!

Troy Batson is a Licensed Broker in the State of Oregon ~ troybatson.com ~ Duke Warner Realty ~ Bend, Oregon

Amy McAllister
Amy McAllister Realty LLC - Hood River, OR
REALTOR Hood River, Oregon

Troy, Glad to hear some homes are selling in Bend. It has been very slow here in the gorge but buyers seem to be out looking more now.

Mar 29, 2009 07:15 AM
Troy Batson
The Lowes Group - Bend, OR
Bend Oregon Real Estate

Amy,  I was in Hood River last tuesday!  Managed to fool a stealhead while I was there.  I hope things pick up for you as well.  Troy

Mar 30, 2009 06:24 AM