Posts with tag 'bend real estate'
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27
Bend Premier Real Estate Offers 3D Home Tours!
Get Your Bend Oregon Listing Shown in 3D!
Bend Premier Real Estate is thrilled to announce having purchased the Matterport 3D virtual imaging program. Bend Premier Brokers can now offer this fabulous system to our sellers which enables buyers to tour our listings virtually anywhere in the world 24 hours a day.
Unlike traditional 2D photography, the 3D virtual tour allows prospective buyers to "tour" the home, by virtually walking through the property, stopping to "look" at features of interest and zooming in to catch more detail. Outside of touring the home in person, it is the next best thing to being there.
Get More Buyers to See Your Bend Oregon Real Estate
In a seller's market where it may be difficult for the best out of town buyer or even local buyer for your home to get there before someone else offers on the property, having a 3D tour can give all buyers confidence on the features of the home and may enable more buyers to offer without actually touring the property. In real estate, the more people who can actually "see" your home, the more likely you are to get a great offer.
Sell Your Bend Real Estate Quick
Our Brokers can easily set up a photography session to film your home for the 3D tour. Give your Bend Premier Real Estate Broker a call today to find out more how 3D tours can help sell your home!
6
Bend Oregon Real Estate | First Quarter 2018 Trends
Bend Or Real Estate Sales Remain Strong
We sound like a broken record, but the trends for Bend single family home sales continue their upward tract. When 1st quarter 2018 statistics are compared with 1st quarter 2017, the following data is seen:
- Homes for sale up 23.3% to 444
- Homes sold up 14% to 506
- Homes pended up 6.7% to 620
- Average price per square foot up 9.5% to $235.75
- Average days on market down 8.5% to 118
- Average active price up 2.2% tp $646,00
- Average sold price up 10.8% to $484,000
- Months of inventory based on closed sales up 8.6% to 2.5*
Bend Continues Strong Sellers' Market
Part of the increase in sales during 1st quarter 2018 compared with 1st quarter 2017 has to be attributed to our relatively mild winter. We cannot forget the record breaking snow fall we had last winter, and when that is factored in, the increase in inventory and sales can at le...
23
Are Bend New Home Prices Leveling Off?
Bend New Construction 5 Year Trend
For the past few years, we have been reporting that Bend home prices have been rising. From almost no new construction during the great recession to now where it appears that new homes are being built all over town, Bend has recovered from the downturn. New home trends in Bend have gone from $430,000 to $591,000 asking price (up 37.5%) and $315,000 to $522,000 selling price (up 65.7%) over the past 5 years.* Ask any builder and they will tell you that land prices, rising material costs and labor shortages have driven the price of Bend new homes.
12
Bend Oregon Real Estate | February 2018 Trends
Bend Oregon Home Sales Stay Strong
Over the last few years, we have reported that single-family residential home sales in Bend have stayed strong and prices keep rising. February 2018 has been no exception to this trend. Home prices continue to rise and lack of inventory remains a serious issue. In addition, the relative lack of snow in 2018 has kept sales and new listings growing when compared with the record breaking snowfall experienced in 2017. The following data is for single family homes in Bend on land under an acre reflecting February 2017 and February 2018:
- Homes for sale up 24.4% to 540
- Homes sold up 31.4% to 201
- Homes pended up 18.1% to 228
- Average price per square foot up 7.2% to $237,000
- Average days on market down 8.5% to 118
13
Central Oregon Real Estate - Bend, Sisters, Sunriver and Redmond 5 Year Trends
Central Oregon Real Estate Home Prices Trending Up
Those who have lived longer than 5 years in Central Oregon have seen home prices rise at a rapid pace, especially in Bend and Redmond. The average price for a single family residential home in Bend has risen over $200,000, the price for a Redmond home has more than doubled, Sisters homes are up 40% and Sunriver home prices have risen 22% in the last five years.
Our Predictions for Central Or Single Family Homes
The question can be asked, will Central Oregon home prices start to level off? Have we reached the top? Obviously affordability for locals has been an issue for several years. But for new Central Oregon residents, the price for a Redmond or Bend single family home is extremely inexpensive relative to the home prices...