The October home sales numbers in Bend provide data which reflect a strong market. Coming out of a summer with an unprecedented number of wildfires which greatly impacted tourism, real estate sales this fall have come roaring back with a large number of closings, new inventory and a continued uptick in home prices.
Comparing October 2016 with October 2017, Bend real estate trends show the following:
Despite the snowy winter of 2016-2017 and the unprecedented wildfires experienced during the summer, Central Oregon real estate sales remain strong. Although the trends seem unsustainable, the roughly 10% increase in sales price year after year since 2011 have continued in the single family home market in Bend, Redmond, and Sunriver. Only Sisters shows a reduction in the average October sales price from a year before, perhaps a reflection of this summer's Milli fire which was located just outside of the Sisters city limits.
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For years, the DD Ranch has produced a fun, family-friendly place to visit each fall. Located close to Smith Rock State Park in Terrebonne, the pumpkin patch is open every day in October from 10 to 5. The DD Ranch pumpkin patch offers a farmers' market, hand-made crafts, live music, a petting zoo, kids' corral, pony rides, a "train" ride, clubhouse and playground, a fabulous corn maze, and of course the pumpkin patch.
Attendees can sample great food from beef or pork raised on the ranch and potato...
For years, the DD Ranch has produced a fun, family-friendly place to visit each fall. Located close to Smith Rock State Park in Terrebonne, the pumpkin patch is open every day in October from 10 to 5. The DD Ranch pumpkin patch offers a farmers' market, hand-made crafts, live music, a petting zoo, kids' corral, pony rides, a "train" ride, clubhouse and playground, a fabulous corn maze, and of course the pumpkin patch.
Attendees can sample great food from beef or pork raised on the ranch and potato chips grown there. And the beef, pork and potatoes, along with gourds, squash, corn, and other produce are available for purchase...
The high end market in Bend appears to be showing continued strength. Despite a smoke filled summer with many forest fires, the concerns which dampened tourism during the eclipse, and an unprecedented winter with more snow than ever recorded before, there is great enthusiasm for Bend million dollar homes.
The following statistics compare September 2017 Bend single family home sales over $1,000,000 on less than an acre with sales from September 2016:
More interesting data can be seen comparing 3rd quarter 2017 with 2016: