Matt Montoya Bend Mid Year Market Report

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June/ Mid Year 2025 | Bend, Oregon

Over view of Bend

Nestled in the heart of Central Oregon, Bend is a vibrant, fast-growing city that perfectly blends small-town charm with big-time adventure. Known for its stunning mountain views, particularly the snow-capped Cascade Range, Bend is an outdoor enthusiast?s paradise. Whether it?s skiing at Mt. Bachelor, hiking and mountain biking the endless trails, paddleboarding the Deschutes River, or enjoying a craft beer after a day outside, there?s no shortage of ways to soak in the natural beauty. With over 300 days of sunshine a year, Bend offers an active lifestyle, a welcoming community, and a unique mix of modern amenities and laid-back, Pacific Northwest vibes? making it oneof themost desirableplacesto livein theregion

Bend Mid Year Market Report

M ar ket Summar y

Resident ial Homes

Bend June Market Report

Resident ial Homes

Cur r ent M ar ket - Year t o Dat e 20 25 compar ed t o 20 24

The statistics below provide an up-to-date snapshot of the listed inventory as of July 3rd, 2025. Median days on market is a good indicator of the average length of time the current inventory has been on the market.

2025

$755,000 Median SalePrice

$740,000

Median SalePrice

1,121 HomesSold

2024

1,118 HomesSold

36

Median Dayson Market

23

Median Dayson Market

Bend Market Condition

Buyer 's M ar ket

M ar ket Condit ions

Balanced M ar ket

Seller 's M ar ket

4.7 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

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