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

Mon Mar 01 2021
This week the median list price for Bend, OR 97701 is $749,000 with the market action index hovering around 70. This is less than last month's market action index of 75. Inventory has held steady at or around 31. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Bend, OR 97701

Mon Mar 01 2021
This week the median list price for Bend, OR 97701 is $749,000 with the market action index hovering around 70. This is less than last month's market action index of 75. Inventory has held steady at or around 31. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Bend market.
Median List Price $749,000
Per Square Foot $366
Days on Market 21
Price Decreased 23%
Price Increased 0%
Relisted 0%
Inventory 31
Median Rent $2,325
Most Expensive $2,995,000
Least Expensive $389,900
Market Action 70
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
$1,595,000 3,380 0.5 - 1 acre 3 3 14 0 1 84
$1,030,000 2,548 0.5 - 1 acre 3 2 17 2 2 49
$574,500 1,882 6,500 - 8,000 sqft 3 2 14 5 2 0
$420,000 1,332 4,500 - 6,500 sqft 3 2 22 6 5 0