Record Sales in Central Oregon: $3.1 Million House Tops Weekly Listings
Bend, Oregon – In a remarkable week for the central Oregon real estate market, a stunning $3.1 million home has emerged as the most expensive residential sale, leading a total of 113 property transactions recorded in the area. The average sale price for the week stood at $705,674, reflecting the region’s ongoing appeal to homebuyers.
The luxury home’s sale showcases the vibrant upper-end market in Bend, which continues to attract high-net-worth individuals drawn to the area’s picturesque landscapes and recreational opportunities. The residential sales also maintained a solid average price per square foot of $369, signaling consistent demand in various segments of the housing market.
The data pertains to real estate transactions for which titles were officially recorded during the week of November 11, though some properties may have been sold prior to this period. The increase in property sales underscores a resilient market, as buyers actively seek homes despite fluctuations in other economic areas.
As real estate remains a focal point of Bend and central Oregon’s economy, the latest sales figures highlight not only high-end transactions but also a broader trend of steady activity across various price points. Industry analysts observe that this week’s figures may reflect ongoing confidence in the central Oregon housing market, positioning it as an attractive destination for both investors and families alike.
Overall, the latest data paints a picture of a robust real estate environment in central Oregon with significant sales spurring continued interest in the region’s diverse housing options. As more luxury and mid-range properties hit the market, the upward trend in sales is expected to sustain as we move toward the year’s end.
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