Bend Market Report
Buyer 's M ar ket
M ar ket Condit ions
Balanced M ar ket
Seller 's M ar ket
4.5 Mont hs of Invent ory
Buyer'sMarket
Morethan 6 Monthsof Inventory
Buyer 's vs. Seller 's M ar ket
Balanced Market 4 - 6 Monthsof Inventory
Seller'sMarket
Lessthan 4 Monthsof Inventory
The key similarities and differences between a buyer's and seller's market; and how these market factors impact each group.
Buyer's Market
More people selling homes than buying
MoreHomesto ChooseFrom
MoreNegotiating Power
Could Spend Lessthan Asking Price
PriceRestrictions
Rarely Competing Offers
Buyer's Market
More people selling homes than buying
TakesMoreTimeto Sell
Fewer OffersReceived
Could get Lower than Asking Price
May Haveto makeRepairsand/or Concessions
Seller's Market
More people buying homes than selling
Fewer Homesto ChooseFrom LessNegotiating Power
Need to beAbleto CloseQuickly
Could Spend Morethan Asking Price
Competition From Other Buyers
Seller's Market
More people buying homes than selling
HomeSellsQuickly
MultipleOffersLikely
Could get Morethan Asking Price
BuyersWilling to Overlook Repairs
Bend Moving Trends
