Tuesday, 11 December 2018
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Bend OR Real Estate - June 2018 Market Trends

Written by Posted On Monday, 09 July 2018 14:32

Bend Oregon 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.  This is record breaking and remains to be seen how the trend continues.

Bend Real Estate Trends June 2018

 * Data from Central Oregon Association of Realtors

Original blog can be read at Bend Premier Real Estate's blog.

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Lynnea Miller

Owner/Managing Principal Broker Bend Premier Real Estate.

Lynnea began her real estate career when her husband became a general contractor in 1994. After years of working with her husband and selling many homes "for sale by builder," Lynnea got her real estate license in 2000 and began working at a local brokerage, first as part time Broker and marketing director for the company, and later as full time office manager/marketing director/transaction coordinator, and then as Principal Broker. In 2010, Lynnea started her own brokerage, Bend Premier Real Estate, with the encourage of her husband and several Brokers.

Prior to real estate, Lynnea worked for 9 years with her husband in the ownership and management of 3 retail Bend, Oregon businesses with up to 35 employees. Before moving to Bend in 1985, Lynnea worked in homeowner association property management, being promoted in the space of 1 year from Customer Service, to Property Manager, to District Manager.

Lynnea graduated from the University of Oregon Summa Cum Laude in 1983 with a Bachelors of Science degree and graduate first in her high school class in 1979. Lynnea and her husband have 3 adult children. Lynnea also teaches fitness classes part time, holding an ACE certification since 1990


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