Realty Times - Bend, Oregon Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Oregon > Bend

Market Conditions Summary for Bend, Oregon

Reported by
Norma DuBois
as of 2/6/2012:

Sales were down 3.7% from the December report. We are off to a busy start for 2012. Buyers are getting off the fence and moving forward with incredibly low interest rates and prices bouncing off the bottom. Inventory is low so it is a great time to... MORE->

Reported by
Fran C. McCormick
as of 1/14/2012:

As with the rest of the country Bend is a Buyer's Market. Bend's home pricing has dropped to compete with the short sale and foreclosure market. If you are looking to buy a home for the first time or a 2nd home the money is available to at very good... MORE->
About Fran C. McCormick

Reported by

Jim Moran, Broker
as of 11/15/2011:

For most it's a buyer's opportunity of a lifetime. The pre approved purchaser will find values and interest rates at an all time low. Real Estate is a cyclical investment. If this is not the bottom....it's very close. The 2,000 plus transactions... MORE->
About Jim Moran, Broker

Reported by
Carrie Hebert
as of 9/1/2011:

The level of buyer confidence in the Central Oregon real estate market is rising as indicated by the increase in land sales. Sales of land in the Bend, Oregon real estate market increased 171% from January 2011 to June 2011. Low land prices are... MORE->

Reported by
Bend Oregon Real Estate & Homes
as of 8/18/2010:

The market is showing good volume and it certainly appears that a bottom is beginning to form. While I do not believe we will see a price increase in our market any time soon, we are going through inventory at a higher pace than previous years, with... MORE->

Reported by
Bend Oregon Real Estate & Homes
as of 8/5/2010:

The Bend Oregon Real Estate market continues to move forward... with inventory low and sales brisk. The majority of the sales are under $250k, but homes above this price range have started to move in 2010, with more sales in the million dollar range... MORE->

Reported by
Greg Broderic
as of 5/21/2010:

Prices appear to be stabilizing somewhat and we are seeing homes in the higher price ranges, over $500k, begin to move. I am also observing many homes in the $200-$400k price range which have been on the market an extraordinary long time, some even... MORE->

Reported by
Bend Oregon Real Estate
as of 4/14/2010:

We are still seeing good movement in home sales under $300k, with multiple offers common on the better homes. Inventory is low, and buyer frustration is evident due to more buyers than good homes. Homes which are not priced competitively continue to... MORE->

Reported by
Jim Johnson
as of 3/27/2010:

I look for the market to bottom out this year with possibly a slight up-tick in prices. There is still a substantial amount of foreclosures coming on the market. However, we are seeing multiple offers on homes that are priced... MORE->

Reported by
Bend Oregon Real Estate
as of 1/22/2010:

The Bend Oregon Real estate market appears to be in the bottoming process, with the best homes moving quickly under $300k. I believe prices will be flat for a year or two in most neighborhoods, but the worst is behind us as far as price reductions... MORE->

Average Current Market Rating: 1.8 (10 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.7 (10 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Oregon > Bend

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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