Bend Real Estate Trends & Historical Statistics ~
Use the table below to navigate through the various categories of real estate trends and market statistics. This online presentation of real estate market trends in Bend Oregon includes the previous six years of data. For a complete version of the market study, including 10 years worth of data please download the pdf version here.
Summary ~
Data Source:
This market study was compiled from information provided by the Multiple Listing Service (MLS) of Central Oregon. Although not all property exchanges and transactions take place as a part of the MLS system, it does include a significant majority. Therefore, we feel this is a reliable reflection of the Bend Real Estate Market.
Area:
This report includes properties within the Bend Urban area and closely surrounding areas. It does not include any other areas of Central Oregon. Redmond, Sunriver, Sisters or other communities are not included in this market study.
Time:
This report was prepared in January of 2008 and includes sales figures and data from 1997 through 2007.Report Includes:
This report is divides into sections by property type, including: Bend Homes, Homes on Acreage, Condominiums and Townhomes, Residential Lots, Lots on Acreage and Multi-Family Units.Glossary ~
Days On The Market:
Number of days from the listing date to the close of escrow. Including the escrow period which typically ranges around 30 to 60 days.Single Family Homes:
Single family homes predominantly within the Urban area and situated on sites of approximately one acre or less.Homes on Acreage:
Single family homes within and outside of the Bend Urban area on sites larger than one acre.Condominiums & Townhomes:
Attached and/or zero lot line detached dwellings primarily within the Urban area.Residential Lots:
Bare residential building sites of one acre or less.Residential Lots on Acreage:
Bare residential building sites of two acres or more. For this data set, individual transactions were reviewed for accuacy. In some cases individual transactions were eliminated from the data pool to more reliably relfect the market trend of residential building sites. Listings that were entered into MLS for comparable purposes, and/or transactions that appeared to include large parcels of developable land not sold as residential land on acreage were excluded.Multi-Family Residential:
Residential duplexes up to large apartment buildings. Primarily duplexes, triplexes and quadplexes.Section Average vs All Area Average:
These charts compare the data from each of the four sections of the Bend Urban area, including: NW, SW, NE & SE to the data that includes all four areas. To faciliate the interpretation of the graph, a blue bar representing the all area value is included next to each bar indicating the specific area being reported.
Single Family Homes - Homes on Acreage - Condos & Townhomes - Multi-Family Units
Residential Lots - Bare Land/Acreage
Homes by Section - Homes on Acreage by Section - Condos & Townhomes by Section - Multi-Family by Section
Residential Lots by Section - Acreage by Section
Download the full version of the Market Study (pdf)
All information from the Central Oregon MLS database, and is deemed reliable but not guaranteed.
