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Bend, OR

Single-Family Homes

Your Central Oregon Market Experts



Bend, OR

Thu Nov 21 2024
This week the median list price for Bend, OR is $849,450 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 624. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Bend, OR

Thu Nov 21 2024
This week the median list price for Bend, OR is $849,450 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 624. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Bend market.
Median List Price $849,450
Median Price of New Listings $849,999
Per Square Foot $412
Average Days on Market 104
Median Days on Market 91
Price Decreased 47%
Price Increased 2%
Relisted 4%
Inventory 624
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,997,000 3,546 0.5 - 1 acre 4 3.5 14 7 4 119
$1,072,000 2,416 0.25 - 0.5 acre 3 2.5 21 15 17 98
$734,450 2,000 4,500 - 6,500 sqft 3 2.5 17 12 11 63
$585,000 1,622 0 - 4,500 sqft 3 2 11 9 17 59