Tiffany Vasquez Real Estate Bend Oregon

Bend, OR 97702

Single-Family Homes

LifeinBend.com



Bend, OR 97702

Sat Dec 21 2024
This week the median list price for Bend, OR 97702 is $698,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 185. Click here to stay informed with the Bend market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Bend, OR 97702

Sat Dec 21 2024
This week the median list price for Bend, OR 97702 is $698,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 185. Click here to stay informed with the Bend market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Bend market.
Median List Price $698,000
Median Price of New Listings $699,990
Per Square Foot $367
Average Days on Market 103
Median Days on Market 77
Price Decreased 45%
Price Increased 2%
Relisted 4%
Inventory 185
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,612,500 2,860 0.5 - 1 acre 4 3 16 3 4 129
$816,700 2,055 6,500 - 8,000 sqft 3 2.5 22 2 7 87
$649,992 1,939 0 - 4,500 sqft 3 2.5 5 1 2 77
$565,000 1,505 0 - 4,500 sqft 3 2 22 3 8 77