The May data has been published and for those who are familiar with Bend Oregon real estate trends, the increase in the numbers of active listings is significant. May traditionally has been a month with a surge in new listings with sellers getting ready for the peak summer selling season. However, in May 2025 there was a huge 42% increase in active inventory year over year. With these numbers, Bend is now trending close to a balanced market with months of supply approaching 5 months.
When May 2025 is compared with May 2024, the following changes can be noted for Bend single family home sales on less than an acre:
The data has been published and the early spring trends year over year for 2025 reflect Bend's single family home real estate market with prices still rising, inventory up considerably, pending sales up, days on market up, and overall closings down.
The increased inventory has provided more options for Bend home buyers and many sellers are willing to negotiate price and terms in order to get their property sold. Those sellers unwilling to do this are often finding their property sitting with little activity. The...
Spring 2025 has begun with many economic and political changes within the country. The uncertainty of tariffs and the stock market may ultimately result in a pull back in home sales. However, the beginning of April has had strong real estate sales for Bend Premier Real Estate brokers. It could be with people not having confidence in the stock market, the proven reliability of real estate to consistently gain value over time coupled with more certainty in mortgage interest rates leveling or even dropping could result in a boom in Bend home sales. The next few months could be a roller coaster, or perhaps a more steady-as-she-goes market....
If you took your house off the market in late 2024, you're not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that's more than any other December going all the way back to 2017 (see graph below):
Whether it was because offers weren't coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners deci...