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March 2023 Market Snapshot
Bend, OregonNotable 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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And if you are wondering about the weather in Bend, Oregon!
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Re/Max Key Properties 431 NW Franklin Ave Bend, Oregon
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