As the spring season progresses, Bend’s real estate market has experienced significant shifts. Here’s a breakdown of how conditions changed between March 15–April 15 and April 16–May 15, 2025—and what it means for both buyers and sellers.
Active listings remained virtually unchanged—953 in the earlier period compared to 952 in the most recent one. This data surprised me as it sure feels like there is an influx of new listings, but I'm sure the data will show an increase in the next 30 days.
Pending sales saw a massive increase from 36 to 196—an impressive 444% jump. This surge signals a major rise in buyer activity and confidence. Buyers need to be quick and well-prepared, while sellers may experience faster sales and stronger offers.
Sold listings remained steady, dipping slightly from 204 to 199. This consistency suggests a balanced and active market, offering stability for both buyers and sellers looking to make confident decisions.
The median sale price increased from $777,000 in March to $833,000 in April, indicating a solid rise in property values and a growing number of sales over $1M. Buyers may face higher prices and tighter budgets, while sellers are likely to benefit from greater equity and pricing leverage.
Bend’s real estate market is gaining momentum—with soaring pending sales and rising prices. Sellers may find this an ideal time to list, while buyers should be ready to act fast and work closely with a knowledgeable agent.
Source: FlexMLS Report – Generated May 20, 2025
