Community Market Report
Bend, Oregon
Market Summary
All Property Types
Sold Listings
The statistics below highlight key market indicators for Bend, Oregon. The data in the Sold Listings table is based on homes sold within the month of September 2021.
- Homes Sold
- 3
- 200%
- 75%
- Median Sale Price
- $2,308,272
- 288%
- 112%
- Median List Price
- $2,298,500
- 286%
- 111%
- Sale to List Price Ratio
- 99%
- 1%
- 2%
- Sales Volume
- $7,058,172
- 1086%
- 61%
- Median Days on Market
- 83 days
- 77 days
- 37 days
- Homes Sold Year to Date
- 54
- —
- 17%
Current Market
The statistics below provide an up-to-date snapshot of the listed inventory as of October 22, 2021. Median days on market is a good indicator of the average length of time the current inventory has been on the market. The high price, low price, and median price provide context for the prices buyers and sellers can expect to encounter in this area.
Equal Housing OpportunityHomes Sold
Sale to List Price Ratio
Equal Housing OpportunityMarket Conditions
Market Climate
Buyer's vs. Seller's Market
This graphic explains the key similarities and differences between a buyer's and seller's market; and how these market factors impact each group.
- More homes to choose from
- More negotiating power
- Could spend less than asking price
- Price restrictions
- Rarely competing offers
- Fewer homes to choose from
- Less negotiating power
- Need to be able to close quickly
- Could spend more than asking price
- Competition from other buyers
- Takes more time to sell
- Fewer offers received
- Could get lower than asking price
- May have to make repairs and/or concessions
- Home sells quickly
- Multiple offers likely
- Could get more than asking price
- Buyers willing to overlook repairs
Equal Housing OpportunityMarket Conditions by Price Range
This table provides insight into key market indicators at specific price breakpoints. This information is valuable as the market conditions can vary by price category.
- < $100,000
- 0
- —
- —
- 0
- 0
- —
- $100,000 - $200,000
- 0
- —
- —
- 0
- 0
- —
- $200,000 - $300,000
- 0
- —
- —
- 0
- 0
- —
- $300,000 - $400,000
- 0
- —
- —
- 0
- 0
- —
- $400,000 - $500,000
- 0
- —
- —
- 0
- 0
- —
- $500,000 - $600,000
- 0
- 0.0
- 0.0
- 1
- 1
- Seller's
- $600,000 - $700,000
- 0
- —
- 0.0
- 0
- 1
- —
- $700,000 - $800,000
- 0
- —
- 0.0
- 0
- 1
- —
- $800,000 - $900,000
- 0
- —
- —
- 0
- 2
- —
- $900,000 - $1,000,000
- 0
- —
- —
- 0
- 1
- —
- > $1,000,000
- 5
- —
- 0.4
- 0
- 5
- —
- Buyer's Market
- More than 7 months of inventory
- Home prices will depreciate
- Balanced Market
- Between 6-7 months of inventory
- Home prices will only appreciate with inflation
- Seller's Market
- Less than 6 months of inventory
- Home prices will appreciate
Equal Housing OpportunityStatistics
Days on Market by Price Range
The bar graph below indicates the median days on the market value for each price range breakpoint in Bend, Oregon. The values are based on closed transactions in September, 2021.
Equal Housing Opportunity