By Deb Tebbs
Prices for Bend Oregon Homes have appreciated fast over the last few years by close to 30 percent after the recent collapse of the housing market when just about everyone lost equity in their homes.
A recent report by the Bend Bulletin shows that home prices here increased by 11.25 percent in Q4 2014 and that ranked Bend Oregon number 10 in the nation for home price increases.
The Right Time to Sell?
If you’ve held onto your home since the collapse of the housing market, 2015 is going to be a perfect time for you to sell since home prices are only expected to continue increasing, and with a strong jobs market, combined with easier lending standards, we will see more buyers on the market.
Current Median Home Prices
Right now the median price for a Bend Oregon Home is $322,000 while in Redmond the median home price for a single family home there is $218,000.
The Bend Bulletin report, and statistics from the Federal Housing Finance Agency also shows us that home prices nationwide rose by 1.4 percent n Q4 of 2014 and they rose by about 5 percent year-over-year when compared to Q4 of 2013.
Across the United States Oregon ranked number 11 in 2014 for home price appreciation thanks to a 6.74 percent increase while the other states which saw fast appreciation of home prices were Vermont, California and Georgia.
Sell Your Bend Oregon Home
Let us professionally list your home for sale so you can enjoy the process of moving onto your next dream home in Bend.
To get started with selling your Bend Oregon home contact the Deb Tebbs Group today by clicking here to contact us through our website or calling us at (541) 323-4823.
