Our friends at Harcourts The Garner Group, our local NorthWest Crossing real estate office, recently gave us a roundup of sales numbers for the year. We’re pleased to tell you that NorthWest Crossing has fared extremely well when it comes to home values. As you can see from the chart below, not only have numbers risen since 2014, but average sale prices in our neighborhood remain nearly $200,000 above Bend area residential average sale prices overall.
In fact, there were gains across the board for NorthWest Crossing. Listings and sales were up by double-digit margins – and these sales numbers (pulled from MLS) don’t even reflect the number of custom homes built in the neighborhood. If you’re already an owner in the neighborhood, your home is gaining in value.
If you’re looking to move here, don’t despair! West Bend Property Company and our Builders Guild continue to move forward with new development and new homes to help keep up with demand. A recent release of new homesites to our builders completely sold out (see our development update post), which means there will be more than 30 homes hitting the market soon, as well as another round opening up this summer.