During January of 2020 8 homes sold averaging 3,021 SQFT, 278.90$ per SQFT, were on market for 116 days, and went for 101.70% of asking price and the average price per home was $806,876. In December of 2020 25 homes sold averaging 2,514 SQFT, 361.89$ per SQFT, were on the market for 22 days, and went for 104.86% of asking price the average home sold for $839,026.

Based on the previous year home prices in 2021 look like they will keep increasing due to low inventory and an increasingly competitive buyers’ market.

Now well take a look at how the market fared each quarter.

North Bend Residential Q1

1. PPSF = $308.16
2. 35 Homes Sold
3. Day on Market 91
4. Median Price Sold $799,000
5. 100.87% of Asking Price
6. Average Size: 2,728

      North Bend residential Q2

1. PPSF = $340.94
2. 43 Homes Sold
3. Day on Market 31
4. Median Price Sold $745,000
5. 103.08% of Asking Price
6. Average Size: 2,319

     North Bend Residential Q3

1. PPSF = $330.12
2. 47 Homes Sold
3. Day on Market 35
4. Median Price Sold $862,496
5. 102.45% of Asking Price
6. Average Size: 2,833

     North Bend residential Q4

1. PPSF = $341.75
2. 69 Homes Sold
3. Day on Market 32
4. Median Price Sold $903,966
5. 106.53% of Asking Price
6. Average Size: 2,757

     North Bend Condo Q1

1. PPSF = $337.51
2. 1 Homes Sold
3. Day on Market 0
4. Median Price Sold $350,000
5. 97.22% of Asking Price
6. Average Size: 2,757

North Bend Condo Q2

Zero homes sold.

North Bend Condo Q3

Zero condos sold

North Bend Condo Q1

1. PPSF = $395.38
2. 2 Homes Sold
3. Day on Market 2
4. Median Price Sold $412,000
5. 103.08% of Asking Price
6. Average Size: 1,042

     River Bend

1. PPSF = $393.97
2. 34 Homes Sold
3. Day on Market 6
4. Median Price Sold $527,500
5. 104.44% of Asking Price
6. Average Size: 1,466

Cedar falls

1. PPSF = $309.96
2. 51 Homes Sold
3. Day on Market 67
4. Median Price Sold $921,904
5. 105.90% of Asking Price
6. Average Size: 3,005