Bend Oregon Real Estate prices rose in 2012. Home sales in Bend were up in every category. The average sales prices was $263,556, up 10.65% from 2011. The median sales price was 220,395, up16.00%. BEND OREGON MLS SEARCH
The number of short sales was down 15.77% while bank owned homes were down 28.47%. There were 299 bank foreclosed homes sold compared to 418 in 2011. The banks have been more open to short sales in the last few years. That results in a reduction of foreclosures.
Dollar volume of homes sold was up 30.10% while the number of homes sold was up 17.58% The averalge days on the market was 132 down 4.35% from last year.
Statistics can be boring but the bottom line is now is the time to buy before prices and inventory goes down even more. Interest rates are at historical lows and there are still some exceptionally good buys on the market. Current prices are a little over 50% of what they were in 2006.
If you would like see current foreclosures for sale click here. This link is updated daily.
BEND OREGON BANK FORECLOSURES
Call or e-mail if you would like to look at homes in Bend or Central Oregon.
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