Enjoy Bend Life Real Estate | Stellar Realty

Bend, OR 97701

Single-Family Homes

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



Bend, OR 97701

Sun Aug 01 2021
This week the median list price for Bend, OR 97701 is $650,000 with the market action index hovering around 84. This is less than last month's market action index of 88. Inventory has increased to 77. 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

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 97701

Sun Aug 01 2021
This week the median list price for Bend, OR 97701 is $650,000 with the market action index hovering around 84. This is less than last month's market action index of 88. Inventory has increased to 77. 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

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 $650,000
Median Price of New Listings $617,450
Per Square Foot $365
Average Days on Market 24
Median Days on Market 7
Price Decreased 26%
Price Increased 3%
Relisted 3%
Inventory 77
Median Rent $2,195
Market Action 84
Strong Seller's Market

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
$1,800,000 3,574 2.5 - 5 acres 4 3 16 4 2 21
$799,900 2,462 8,000 - 10,000 sqft 4 2 19 3 6 7
$625,000 2,020 4,500 - 6,500 sqft 3 2 16 7 4 7
$499,450 1,382 6,500 - 8,000 sqft 3 2 25 8 10 7