Balloons Over Bend is a Fabulous Bend Oregon Festival

There are few more stunning sights than watching beautiful hot air balloons floating into the sky with the backdrop of the Central Oregon Cascades at sunrise. Starting this Friday, the annual Balloons Over Bend festival will run through Sunday offering exciting sunrise launches of the balloons, the Night Glow event Friday evening many fun activities for the whole family on Saturday. The schedule includes the following:

Friday July 27, 2018

• Balloon Launch at Sunrise at RE Jewell Elementary School
• Night Glow begins at 5pm at Riverbend Park

Saturday July 28, 2018

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Bend OR Single Family Home Prices Reach New Heights

The price of a Bend Single family home has grown to a level never seen before. The number of homes sold under $500,000 has significantly lessened over the last 3 years while those over $1,000,000 have tremendously grown; between 2017 and 2018, the number of sold Bend homes on less than an acre over $1,000,000 have gone up 88.5%. While the overall number of Bend homes sold have not grown that much, the change between the lower and upper end in price is great and those Bend residents who have lived in the community more than just a few years can be amazed at the selling prices of Bend Homes.

 

Bend Single Family Home Inventory Levels Remain Low

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High Desert Classics Start Today

The Oregon High Desert Classics, the major fundraiser for J Bar J Boys Ranch, starts today and runs for the next two weeks. The event brings in over 600 horses and 3000 professionals and amateur competitors from all over North America. The show provides for premier hunter/jumper competitions and includes two $25,000 Grand Prix's, National and International US HJA Hunter Derbies and other fun events.

The Classics are held on the 40 acre J Bar J Ranch and offers vistas of the snow capped Cascades and six grass rings, four schooling rings, onsite barns, specials events and vendors. There is no cost for attendees to watch the events.

The Oregon High Desert Classics provides funds for J Bar J Youth Services, a nonprofit organ...

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High Desert Classics Start Today

The Oregon High Desert Classics, the major fundraiser for J Bar J Boys Ranch, starts today and runs for the next two weeks. The event brings in over 600 horses and 3000 professionals and amateur competitors from all over North America. The show provides for premier hunter/jumper competitions and includes two $25,000 Grand Prix's, National and International US HJA Hunter Derbies and other fun events.

The Classics are held on the 40 acre J Bar J Ranch and offers vistas of the snow capped Cascades and six grass rings, four schooling rings, onsite barns, specials events and vendors. There is no cost for attendees to watch the events.

The Oregon High Desert Classics provides funds for J Bar J Youth Services, a nonprofit organ...

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Bend Real Estate Prices Still Going Up

The June 2018 data is out and the upward trends for Bend OR real estate sales continue. When June 2018 is compared with June 2017, the following can be noted with Bend single family home sales on less than an acre:

• The number of homes for sale are up 1.5% to 607
• The number of homes sold is up 2.4% to 259
• The number of homes pended is up 10.8% to 256
• The months of inventory based on closed sales is down to 2.3
• The days on market is down 1.1% to 89
• The sold/original listing price difference is up 1% to 99%
• The average price per square foot sold is up 6.9% to $249
• The average active price is up .05% to $659,000
• The average sold price is up 8% to $522,000*

For this last figure, we commented last month how the average sold price for a Bend home was just shy of $500,000.  We have now topped that figure significantly at $522,000.Â...

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