Posts in category 'Bend Oregon Market Trends'
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23
The Seller Dropped the Price $100,000. Doesn't This Mean They Are Motivated?
You find a Bend home listed at $1.6 million. It started at $1.7 million, and the seller just dropped the price $100,000.
Does that mean they're motivated?
Probably.
Sellers are adjusting to today's market. They may still believe their homes are valuable, but they no longer expect them to sell at 2021 prices.
That $100,000 price reduction may simply be the seller recognizing where the market is now.
That said, they don't want to give the house away.
So if you want the house, the question isn't simply how much the seller has already reduced the price. I would look at the listing history, comparable sales,
23
Downsizing in Bend? How Small Is Too Small?
How much should you downsize when you retire?
At an open house recently, I met two retired couples who happened to be there at the same time. Both had downsized into homes in the same Bend community within the last several years.
Both couples told me the same thing: they downsized too much.
Now they're looking again.
Downsizing doesn't necessarily mean you want a small house. Maybe what you really want is less yard work. Fewer stairs. Less maintenance. Fewer rooms you never use.
You probably still want space for visiting family, hobbies, bikes, kayaks, an office, storage, or simply enough room to feel comfortable.
So before deciding how many square feet yo...
23
Why Has This Bend House Been Sitting on the Market So Long?
You find a beautiful home in Bend. You love the photos. The location looks great. Then you notice it has been on the market for 90 days.
What's wrong with it?
Maybe nothing. But I would love to find out with you!
Longer market times aren't unusual in Bend, particularly at higher price points. In Northwest Bend's 97703 zip code, for example, homes are currently averaging 116 days on the market, with a median of 77 days.*
So a home that appears to have been sitting "forever" may actually be well within the normal range for its particular part of the market.
7
The Bend Market Notebook: Why Bend Isn't Just One Real Estate Market
The Bend Market Notebook
August 2026
Hello!
For quite a while I've wanted to start a monthly newsletter. Rather than filling your inbox with sales pitches or a long list of statistics, I thought I'd simply share something interesting I've noticed about the Bend real estate market each month.
If you enjoy understanding why the market behaves the way it does, I hope you'll enjoy reading these observations.
This Month's Observation
"The Bend real estate market" is really not one market. Not if you watch how different segments of it act.
One of the reports I ran this week reminded me just how differently various price ranges can behave.
In July, for example, homes priced between $1.5 million and $1.6 million actually moved faster than homes priced between $700,000 and $750,000.
It's a good reminder that looking only at headlines about "t...
28
Why Uncertainty Can Create Opportunity for Cash Buyers in Bend
Cash buyers almost always have certain advantages in a real estate transaction. During periods of uncertainty, those advantages often become even more significant.
If you've been watching the Bend real estate market recently, you may have noticed that it feels a little quieter.
Over the past couple of weeks, activity seems to have slowed. It's difficult to point to any single cause. Higher mortgage rates, inflation concerns, economic uncertainty, and changing workplace policies may all be contributing. Markets rarely change because of a single event.
What we do know is that uncertainty changes the way people make financial decisions.
In general, four t...
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