THE BEND BEACON REPORT, MARCH 2021

The March Beacon Report is in for Bend and Central Oregon. It’s still a seller’s market—median price takes a slight dip as demand remains high.

MARKET NEWS FOR BEND REAL ESTATE

The median price for a home in the Bend area was $575,000, down slightly from January’s $580,000, with the average price per square foot up $4, from $293 to $297.

The average number days a Bend home spends on the market was 4 in February, echoing the all-time low from January.

All indications say that if you are thinking about selling your Bend home, there’s never been a better moment than now. Read tips about preparing your home for the sale.

No one works harder or more quickly than the team at Bend Relo at Fred Real Estate Group to prepare your home to sell at the best price. Reach out to learn more about our menu of white-glove services.

REDMOND: HOME SALES UPDATE

Median price for Redmond area homes was $373,000, down from $377,000, with the average price per square foot decreasing one dollar from $219 to $218. Days homes spent on the market remained steady at 4 days.

SUNRIVER: HOUSING MARKET STATS

Homes spent an average of a mere 2 days on the market in Sunriver, with a median home sales price of $771,000. Current inventory of available homes continues to be very low.

SISTERS: HOUSING MARKET UPDATE

The average home for sale in Sisters, Oregon spent 5 days on the market in February, with a median sales price of $443,000. As with the rest of Central Oregon, available inventory of homes is low.March Beacon Announcement

BEACON-REPORT-March-2021

Shelby Little is a local writer, maker, mother and business owner who relocated to Central Oregon from Virginia in 2012. When she’s not blogging, she’s vlogging or playing in the parks with her family.

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