Unlocking the Real Estate Market Insights from Bend, Oregon's April 2024 Market Recap
Unlocking the Real Estate Market: Insights from Bend, Oregon's April 2024 Market Recap
Here's the scoop: April is the hidden gem for savvy buyers! π° Compared to March, buyers in April saved a whopping $46,000, translating to a 6% discount. Despite a 5% rise in home prices from last year, buyers still get a better deal than two years ago.
But wait, there's more! π April saw a 42% surge in listings, giving buyers plenty of options. However, homes are flying off the shelves, spending just 10 days on the market on average. It's a race against time for buyers!
And for luxury buyers, here's a silver lining: homes priced between $1.6M-$1.8M have an 8-month supply, while those above $1.8M have a 9-month supply. π° Plenty of options for a leisurely selection process.
In conclusion, April 2024 offers both opportunities and challenges in Bend's real estate market. Whether you're buying, selling, or investing, our team at Suzanne and Sarah is here to guide you every step of the way.