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May
23

Bend, OR 97707

Mon May 23 2022
This week the median list price for Bend, OR 97707 is $850,000 with the market action index hovering around 59. This is less than last month's market action index of 68. Inventory has increased to 29. Click here to stay informed with the Bend market!

Market Action Index

This answers "How's the Market?" by comparing rate of sales versus inventory.The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer's zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Bend market.
Median List Price
$850,000
Median Price of New Listings
$824,875
Per Square Foot
$455
Average Days on Market
34
Median Days on Market
14
Price Decreased
34%
Price Increased
3%
Relisted
0%
Inventory
29
Median Rent
$2,100
Market Action
59
Strong Seller's Market
7-Day Average90-Day AverageMay 2019Oct 2019Feb 2020Jun 2020Oct 2020Feb 2021Jun 2021Oct 2021Feb 2022$500K$1.0M$1.5M$2.0M$0$2.5MJan 22 20217-Day Average: $1.1M90-Day Average: $1.1M

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

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