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Tuesday, October 22, 2024

Bend's Market update for October

 $714,000 Median Price (up from September)

$371 Median Price Per Sq Ft (up from September)
148 Total Residential Sales (same as September)
3.5 Months of Current Inventory (down from September)
26 Median Days on Market (up from September)
Courtesy of the Central Oregon Multiple Listing Service
Single Family Residence inventory in Bend declined to around a 3.5-month supply. The SFR median sale price in Bend increased slightly last month and the number of monthly sales has been around 143-148 sales per month since June.

Today's MLS meeting brings to light how motivated builders are to sell in this 4th quarter