The real estate trends for Bend single family homes are reflecting a changing market. Sales are dependent upon a mortgage interest rate that works for the majority of home buyers, but also upon available homes from which to choose. February 2025 saw a shift in both categories with a large increase in home inventory as well as a more moderate reduction in mortgage interest rates. Buyers are finding many more homes on the market that may meet their search criteria. Sellers are finding that in order to make their home stand ou...
2024 was a year that reflected changes for Bend Oregon real estate. The high end luxury home market had more listings and more activity in 2024 compared with 2023. In particular, homes listed in all categories over $1,000,000 had strong sales with the only exception in the $1,300,000 to $1,599,999 category in which there was a 14.4% decrease in home sales. In this same category, days on market were up over 113% with an increase of 85% in months of supply (up to over 5 months). Based on an earlier 2024 review of the Bend luxury market, it was determined that many listings taken in this price point required pri...
After the slower market traditionally experienced in December, Bend home sales started 2025 with an strong uptick. Many home sellers are no longer waiting to spring to list their properties, and many buyers are back in the market, despite the 30 year mortgage rate near 7%. Both new listings and new sales were significantly up in January 2025 compared with the previous year.

Historically, during a presidential election year, home sales slow across the country. However, according to the Department of Housing and Urban D...