Posts with tag 'bend homes'

Bend Luxury Real Estate Sales Breaking Records

It is hard to believe, but ten years ago million dollar sales in Bend were rare and uncommon. Out of 1679 sales during the preceding 12 months that included February, 2012, only 9 were for more than one million dollars for Bend single family homes on less than an acre. This figure was .5% of total sales

The Bend real estate market has really changed! Out of the 2490 homes that sold during the preceding 12 months that included February, 2022, 433 closed for over $1,000,000, roughly 17% of total sales.  And while many of these sales would be considered "luxury homes," some are properties that just a few years ago were normal middle-class homes; due to extreme demand with little inventory these properties have seen their value increase into t...

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What's in the March 2022 Newsletter?

• How High Can Bend Prices Go? 2022 Market Trends & Predictions

• Oregon Lifting Covid Mask Mandates

• The Best Time to Buy Things for Your Home

• Bend's Newest Italian Fare

• What's Driving High Buyer Demand?

How High Can Bend Home Prices Go?

It seems that every month we are breaking records with Bend single family home sales. Since coming out of the great recession, Bend has experienced high demand for available housing leading to an increase in home prices. But since the Covid-19 pandemic and the resulting "stay at home orders" and recognition that working from home can be a viable option for many Americans, the increase in the number of people wanting to move to Bend has risen beyond that ever seen before. The lack of property for sale has resulted in tremendous price increases, with the median price of a Bend single family home on less than an acre up 67% above what it was in February 2020 when the pandemic began. While builders have tried to keep up with the demand, the price increases in building materials and subcontractor...

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What's in the February 2022 Newsletter?

• Bend Oregon Real Estate January 2022 Trends
• Brunch in Bend with an International Flair
• Stone Age vs Futuristic - What's Your Preference?
• How Remote Work Impacts Your Home Search

2020 was a record breaking year for Bend Premier Real Estate in more ways than one when the Covid-19 pandemic reached Oregon. Stay at home orders made many Americans recognize the value of home and living in a place where home included a lifestyle they wanted. Home prices shot up in Bend as demand exceeded supply and multiple offers became the norm.

Skipping forward to 2021, "more of the same" became the norm for Bend real estate sales. Bend Premier Real Estate brokers stepped up and worked very hard to represent their clients in a market that had limited supply of inventory and had another record breaking year greatly exceeding 2020's sales. At our 2021 Broker Awards, 26 individual and 2 team awards were given out - an amazing feat for our real estate professionals. 

BEND PREMIER REAL ESTATE AGENTS TOP HONORS

Gold Level Awards...

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