October 2012 Market Report for the West Side Neighborhoods of Bend, Oregon

For those of you that have been following along for the past couple of weeks, I have been providing a mini market trend report for some of Bend, Oregon’s favorite neighborhoods. If you have not seen your favorite neighborhood feel free to contact me and I can put together a report for your favorite. Today we are going to focus on neighborhoods of Bend’s west side that are not located on Awbrey Butte.

Bend’s west side has been popular for as long as I have lived in Bend (1977). With proliferation of restaurants and pubs along with a great variety of shopping filling out the main thoroughfares, the west side is popular as ever. Neighborhoods that once were mostly comprised of old mill homes have seen a good many of  those homes renovated or removed to be replaced by new more efficient homes. Empty lots have been creatively in filled with new craftsman or contemporary homes. The good news is there is still plenty of opportunity on the west side, though at a higher price than its east side cousins.     

As with the Neighborhoods of Awbrey Butte analysis a few days ago you can see the diversity of these neighborhoods with prices currently running from $180,000 to $1,399,000. October proved to be a more productive month with 12 homes selling versus the 9 that sold in September.  

Currently there is just one home available under $200,000 and four under $300,000. One of these homes under $300,000 a new Pahlisch Homes in the Newport Landing neighborhood, there is not much of a yard but Pahlisch Homes does an outstanding job with their construction and selection of finishes for their homes. In this grouping of homes are some Bend’s oldest and most prestigious homes located on Congress and State Streets. These are classic homes that you find in most towns; they were the homes of the mill managers back in the day. Being that Bend is a relatively young town there are not many homes of this stature which helps them command a healthy price.

If you have questions about any of the homes available on Bend’s west side or the Bend real estate market in general or perhaps you need a source for information. Please contact me, I would be glad to assist you in making informed decisions about Bend real estate.

List Price
Average
Listings
Low
High
Average
Median
$/Sqft
DOM
Active
23
$180,000
$1,399,000
$568,559
$499,000
$237.62
150
New
3
$334,500
$1,195,000
$764,833
$765,000
$359.04
41
Contingent
1
$449,000
$449,000
$449,000
$449,000
$111.83
52
Pending
10
$165,000
$499,950
$309,710
$290,000
$172.09
75
Sold
12
$142,000
$532,041
$281,683
$249,000
$187.06
107