Enjoy Bend Life Real Estate | Stellar Realty

Bend, OR 97707

Single-Family Homes

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



Bend, OR 97707

Tue Sep 28 2021
This week the median list price for Bend, OR 97707 is $819,450 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has decreased to 24. 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.

Strong Seller's Market

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 97707

Tue Sep 28 2021
This week the median list price for Bend, OR 97707 is $819,450 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has decreased to 24. 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.

Strong Seller's Market

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 $819,450
Median Price of New Listings $724,450
Per Square Foot $406
Average Days on Market 47
Median Days on Market 35
Price Decreased 46%
Price Increased 4%
Relisted 0%
Inventory 24
Median Rent
Market Action 53
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,921,650 3,902 0.5 - 1 acre 4 4 19 1 0 24
$1,294,000 2,440 1 - 2.5 acres 4 2 16 1 0 35
$714,500 1,793 0.5 - 1 acre 3 2 16 0 2 45
$510,000 1,592 0.5 - 1 acre 3 2 20 2 1 56