Thom Gardner, ABR, Buyers Agent / Buyers Broker / Bend Realtor
The Bend Realtor who works with Buyers ONLY!
Email- Bendbrokersrealty@gmail.com Phone- 541-480-7554
thom1Bend Oregon Bachelor
Alpenglow over Mount Bachelor


BEND HOME STATISTICS!

These are all set for the following criteria- no BS here, these are the Bend homes people actually buy:

Area codes 97701 and 97702, which encompasses all of Bend proper.
3 bedroom, 2 bath minimum
1500 square feet minimum to 3600 maximum
Residential Resale Bend Homes

THROUGH END OF DECEMBER 2011:

This one tells you the percentage of the listing price which Bend homes sold for, as well as the average days on the market to sell them. December is our slowest month, as not many people spend a lot of time thinking about moving during the Holidays, so that explains the rising Days on Market number. Sale price percentages continue to be strong- lowball offers only work in certain parts of town these days, and NOT on the West side!

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This one tells you the months of inventory, based on the current sales rates. Inventory is falling, some of which is seasonal as people take their homes off the market for the slow holiday period.

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And this one shows the current average prices of listed homes, as well as the average price of sold homes. This tells you which end of the market is hottest, and as it has been for a few years now, the hottest part of the market is just under $300K. Keep in mind we have many homes listed from 1 to 10 million, so this tends to pull up the "for sale" averages, though as a percentage of the overall sales they are very small. Dozens of $200,000 homes sell for each one of the big fish that sell, so this what creates the discrepancy between the two numbers. Listing prices remained steady in December, while sales prices went up a bit. That's a healthy market.

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This one shows the number of homes for sale, pending, and sold per month, all on the same chart. The seasonal drop in listed houses is evident here, as is the drop in pendings and solds.

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And here we have the average price per square foot. On the West side, you're looking at anywhere from $130 to $250 per foot, on the East side, anywhere from $80 to $135 per foot. These have been stable for a while now, though it crept up a bit in December from a November (seasonal holiday) drop.

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