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Rivers Edge Real Estate Sales in Bend Oregon

By
Real Estate Broker/Owner with Bend Premier Real Estate 200009031

River's Edge Is An Established Bend Golf Course Community

Located on Awbrey Butte's eastern flank, River's Edge Village was originally developed in 1987 along with the River's Edge Hotel and Convention Center and the first nine holes of the golf course.  The second nine holes of the course were built in 1992 and the next 200 homesites platted around this upper location of the development were released for individual purchase, creating a unique subdivision. Subsequent phases of River's Edge have been developed by Pahlisch Homes with the contemporary architecture that is popular in Bend today. The golf course was purchased by the neighborhood in 2022 and is a favored public course.

Market Trends For River's Edge Single Family Home Sales

Home prices are gradually increasing in River's Edge. Unlike many Bend subdivisions, River's Edge still has new construction as part of its home sales. But the new homes being built are in line with current market trends and home prices are rising at a normal rate.

River's Edge Home prices

New listings in River's Edge are made up of both new construction and resales. Of the 55 homes listed in the last twelve months, 30 of them are new construction.

River's Edge new listings

As mortgage interest rates have risen, the affordability of homes has decreased. This is reflected as well in River's Edge where home sales are down year over year. Rising prices coupled with high interest rates result in fewer buyers being able to afford homes. We are seeing this in Bend, Central Oregon, and the country as a whole.

River's Edge sold homes

Original blog can be read at Bend Premier Real Estate's website.

 

Dennis Neal
RE/MAX, Big Bear - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

Nice update.

Oct 12, 2023 04:42 PM
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Nice Lynnea! Green, golf, river and homes for sale. It just don't get any better than that! Jeff

Oct 12, 2023 07:00 PM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Lynnea. With the home in your photo the pricing in your report is not surprising. What a beautiful area. Enjoy your day.

Oct 13, 2023 04:30 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Rivers Edge looks and sounds like it would be a great place to call home in Bend!

Oct 13, 2023 05:16 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Lynnea and thank you for sharing this information on River Edge.  Always great to see your blogs.

 

Oct 13, 2023 08:37 AM
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Hi Wayne Martin .  My husband built that home on a lot we purchased just before the housing crash.  I was pleased to finally sell the whole thing a few years ago!

Oct 13, 2023 08:52 AM