Posts with tag 'bend real estate'

Bend Home Sales Surging

The Bend real estate market has been strong since coming out of the recession.  However, the figures from January 2019 were beyond expectations with the number of new ratified sales contracts hitting new highs.

When January 2019 is compared with January 2018, the following trends can be noted for Bend single family residences on less than an acre of land:

• Homes for sale were down 29.6% to 269*
• Homes sold up 3.1% to 131
• Homes pended up 24.6% to 177
• The average price per square foot on sold home was up 6.1% to $259
• The days on market were up 1.6% to 130
• The sold/original listing price difference was up 1.1% to 96%
• The average active price was up 5.8% to $752,000
• The average sold price was up 6.7% to $525,000
• The months of inventory based on closed sales was down...

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Bend Premier Real Estate Announces 2020 Top Producers

At a recent luncheon, all Bend Premier Real Estate brokers were honored with additional acknowledgment provided to those who stood out with their real estate sales in 2019:

• #1 Top Producer - Dana Furlan
• #1 Top Team - Rachel Greenwald Rhoads and Kacey Taylor
• #1 Individual Sale - Laura Curry
• #1 Rising Star - Denny Osborn

The Pattie & Megan Serbus team was also acknowledged as a top producer.

Recognition was also given to the top 10 in total sales in 2020:

• Sherry Ortega
• Cate Cushman
• Danielle Gates
• Eric Andrews
• Tina Roberts
• Laura Curry
• Stephanie Edgerly
• Kathy Hovermale
• Rob Lindberg & Jacque Martini Roberts (tie)

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Bend Home Sales 2019 Show More of the Same

As we move from 2019 to 2020, it is always good to look back and see how the sales from one year may affect the next. For Bend Real Estate in 2019, the trends provided more of the same with lack of inventory impacting home prices, days on market and closed sales.

When the 2018 figures from Bend single family homes sales on less than an acre are compared with those from 2019, the following can be seen:

• The numbers of homes offered for sale were down 17.2% from 396 to 328 at the end of the year
• The numbers of homes sold were down 4.2% from 2452 to 2352
• The number of homes pended were down .8% from 2417 to 2397
• The average days on market were unchanged at 103
• The sold/original listing price difference was down 1% from 97% to 96%
• The average price per square foot was up 6.5% fr...

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Bend Premier Real Estate Broker Jack Zika Installed as New COAR President

Bend Premier Broker Jack Zika was installed as the new COAR president at the COAR holiday party on December 13th, 2019.  Besides being the new COAR president, Jack serves Oregon as the state representative of District 53 which covers much of Deschutes County, including Redmond. The Central Oregon Association of Realtors is fortunate to have such a influential person serving as president during 2020.

A Surprising Number of New Bend Home Sales in November

Traditionally as the weather cools and we move toward the end of the year, Bend home sales decrease. There are fewer buyers actively looking for homes in the winter and the holiday celebrations of most families impact real estate sales.

This year, however, there has been a large uptick in the number of Bend homes which went into contract during November.  When Bend single family home sales in November 2019 are compared with those from November 2018, the following changes can be noted:

• The number of homes for sale are down 10.5% to 408*
• The number of homes sold are down 1.8% to 167
• The number of homes pended are up 23.6% to 183
• The average price per square foot on sold homes is up 6.2% to $258
• The average days on market are down ....

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