The Bend OR real estate market is warming up and we are seeing increases for Bend’s market trends.
The median sales price for homes on the Bend OR real estate market has a y-o-y increase of 1.8%, as compared to the year prior. Also on the rise, the average listing price of homes for sale in Bend OR is at about $526,400, compared to the week before there has been a $34,984 or %7 increase. The market is quickly turning into a sellers market, if you are looking to list your Bend OR real estate, now is the time. Other increases include average price per square foot, number of sales, and number of listings.
There is also good news if you are interested in purchasing property in Bend OR. There are still good deals to be made, but you’ll want to get in the market now. With the number of listings rising there is also more available as a buyer. All in all, the market looks to be following the national trends and is getting hotter sale by sale. Now is a wise time to get in on the Bend OR real estate market.