The latest Central Oregon Market Report is in and we’ve compiled the Bend highlight from our office’s Principal Managing Broker at Coldwell Banker Bain in Bend.
Brian Houston said, “The third quarter of 2021 showed fewer closed units for residential properties under $1 million compared to the same quarter of 2020. Homes priced over $1 million saw a 27.5 percent increase over the same period in 2020.
Listing activity in the third quarter of 2021 vs. the third quarter 2020 shows an incredible increase of 67.5 percent for homes priced under $1 million and an increase of 72.9 percent for homes above that price point. The Central Oregon market remains strong as we enter the seasonal cooling period. We are still seeing multiple offers in every price range for homes in excellent condition in a desirable area.”
For the full Market Report click on the photo below of Patty Dempsey’s client’s home which is featured in the report.