Enjoy Bend Life Real Estate | Realty ONE Group Discovery

Bend, OR 97702

Single-Family Homes

Reed Melton | www.EnjoyBendLife.com | (541) 408-6625 | Reed@EnjoyBendLife.com



Bend, OR 97702

Fri Mar 29 2024
This week the median list price for Bend, OR 97702 is $775,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 125. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Bend, OR 97702

Fri Mar 29 2024
This week the median list price for Bend, OR 97702 is $775,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 125. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Bend market.
Median List Price $775,000
Median Price of New Listings $775,000
Per Square Foot $391
Average Days on Market 75
Median Days on Market 35
Price Decreased 16%
Price Increased 2%
Relisted 4%
Inventory 125
Median Rent
Market Action 41
Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

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
$1,995,000 3,457 0.5 - 1 acre 4 4 18 7 0 28
$875,000 1,992 0.5 - 1 acre 3 2.5 31 8 8 28
$719,500 2,085 4,500 - 6,500 sqft 3 2.5 1 6 1 77
$583,495 1,657 0 - 4,500 sqft 3 2.5 1 10 5 28