A mild winter and continued high demand has led to a boom for February 2020 home sales in Bend. When the February 2020 sales of Bend single family homes on less than an acre are compared with February 2019, the following changes can be noted:
- Homes for sale down 36.7% to 252*
- Homes sold up 17.6% to 127
- Homes pended up 51% to 219
- Average price per square foot up 7.3% to $265
- Average day s on market up 10.1% to 131
- Sold/Original listing price difference percentage unchanged
- Average active price up 13.2% to $771,000
- Average sold price up 11.7% to $564,000
- Months of inventory down 46.1% to 2
Bend Home Sales Not Following Normal Trends
Winter is typically a slower time
But NOT this year! It's been a mild winter and I'm sure that has brought more buyers to our area because when it's wintry weather; our showings slow down along with our sales.
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