Bend Oregon Real Estate Connie Settle
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March 2023 Market Snapshot
Bend, Oregon
Notable metrics include:
The Median Sales Price of $663,700 has dropped 15.5% since peaking at $785,000 in February.
The number of new listings increased 15.8% from January and was down 40.5% from February 2021.
The 1.6 months’ supply of inventory in February had no change from January and was up from .8 one year ago.
The average Close-to-List Price Ratio in November was 98%, meaning that homes sold for 2% less than the asking price.
Days on Market grew year-over-year by 46 days, from 31 to 77.
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Connie Settle
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