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REAL ESTATE NEWS | SEP 2025

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REAL ESTATE NEWS | SEP 2025

 
photo from visitbend.com
 
Labor Day marked the unofficial end to Summer, but perfect weather keeps Bend's outdoor scene very active, and we have a lot of great culture ahead, including the Bend Film Festival in October. Real Estate has picked up considerably, and Avenir Realty has seen many new closed and pending sales as well as Buyers who are motivated to act on lower mortgage rates. Buyers continue to get very good values with negotiated price reductions or credits at closing, but many Sellers are also enjoying full price offers and even multiple offers for rare properties. Read below on the interaction of the Fed rate cut and mortgage interest rates and the median market update compared to high end sales. Let me know if you'd like a market update on a specific price segment or neighborhood - happy to help! See the home improvements with the best ROI (good ideas for preparing for Spring listings). The Homebuyers Privacy Protection Act is a true benefit and relief for homebuyers. Stay tuned for an amazing property for sale with Bend's best backyard, which is, by the way, another great way to build equity in your home.
Bend Real Estate Market Snapshot
Bend’s housing market remained steady in August, with slight shifts that favored sellers. The median sale price increased to $769,000, and inventory tightened to 4 months, keeping competition strong, especially for well-priced, move-in-ready homes.
 
Notably, the luxury segment continues to play a major role in Bend’s market. Approximately 28% of all single-family home sales last month were over $1 million. 5 homes closed for over $3M in the last 30 days, 1 home is pending in the $4M range and another above $9M.
 
For sellers, Bend’s combination of rising prices and limited inventory creates favorable conditions to list. For buyers, competition remains steady, particularly in the mid- to high-end price ranges.
Which Home Improvements Add the Most Value?
 
Not all home improvements deliver the same return when it comes time to sell. The highest ROI projects are usually the simplest like a fresh coat of paint, updated flooring, or a new garage or entry door, that instantly improve first impressions. Even moderate landscaping upgrades or a minor kitchen remodel can go a long way in helping a home feel more inviting and “move-in ready.” These updates don’t just add value, they also help homes sell faster by attracting more buyers. In contrast, big-ticket additions or upscale remodels often cost far more than what buyers are willing to pay back. The takeaway: focus on affordable, high-impact improvements that maximize curb appeal and overall presentation.
National Policy Update: Homebuyer Privacy Wins Big
 
Important win for homebuyers: President Trump has signed into law H.R. 2808, the Homebuyers Privacy Protection Act.
 
What It Does
Stops "trigger-leads" misuse. These are leads generated when someone applies for a mortgage, which lets lenders and other parties get access to personal credit data from consumer reporting agencies. The new law aims to prevent the flood of unwanted calls, texts, and emails that often follow. The law strengthens transparency and privacy at a time when consumers are vulnerable, right after applying for a home loan.
 
Why It Matters
This is a win for consumer protection in real estate, safeguarding buyers in what can already be a stressful process involving personal financial details. There is a growing demand for data privacy across industries, and real estate is no exception.
📊 Fed Cuts Rates — But What About Mortgages?
 
The Federal Reserve just announced a 0.25% rate cut, but here’s the important takeaway: mortgage rates had already adjusted before the Fed’s move. Markets priced in this cut weeks ago, especially after softer jobs reports, which pushed 30-year fixed rates down to around 6.26%.
 
While the Fed cut won’t directly lower mortgage rates, it does help boost consumer confidence, and that can bring more buyers into the market. If you’ve been waiting to make a move, now may be the time to start the conversation.
Property Spotlight: 363 SW Bluff Drive #409
Top Floor Condo at The Plaza in the Old Mill District
Experience elevated living in Bend’s Old Mill District. With soaring cathedral ceilings and expansive windows, the great room is a beautiful place to entertain or relax by the fire. The chef’s kitchen features beautiful cabinetry, a large pantry, and island seating, ideal for entertaining. Two spacious primary suites offer privacy and luxury: one with a soaking tub, tiled shower, dual vanities, and walk-in closet, the other perfect as a guest suite or office. Amenities include a grand lobby for entertaining, fitness room, commercial kitchen, outdoor patio with fire pit, and secure deeded parking. With zero-maintenance and single-level living in such a prime location, this condo is more than just a home, it’s a lifestyle. More details here.
Real Estate Jargon Made Simple
EQUITY "Your Slice of the Home Pie"
 
Equity is your personal value in your home, calculated as the difference between its current market value and your mortgage balance. Every mortgage payment and increase in home value helps grow your equity. Over time, this becomes a powerful financial resource.
 
You can tap into equity for future needs, like renovations or investments, or simply let it grow as part of your long-term wealth. Building equity is one of the most rewarding parts of homeownership.
Neighborhood Spotlight: Pronghorn Estates
Luxury Resort Living Meets Golf-Course Grandeur
Pronghorn (and Juniper Preserve Resort) is an exclusive, private golf-club community just ~20 minutes from downtown Bend, surrounded by 20,000 acres of BLM land. With majestic Cascade Mountain views, it features two signature golf courses (Jack Nicklaus & Tom Fazio), luxurious resort amenities, and expansive homesites designed to respect the natural landscape. Homes typically start at 2,500 sq ft, with lots ranging from ½ to 1 acre, offering space, elegance, and a strong connection to outdoor living. Residents benefit from both golf-course lifestyle and an array of resort-amenities, with everything from pools & pickleball, fine dining and spa services to trails and spectacular scenery at their doorstep. Visit www.AvenirRealtyGroup.com to see more neighborhoods we love. What others would you like to see?
Avenir Realty's Latest Listings Activity
Active
$4,999,999
 
Just Listed!
Active
$1,995,000
Price Reduced!
Active
$1,769,000
Active
$1,649,000
Price Reduced!
Rivers Edge Village
Active
$935,000
Price Reduced!
62nd Street, Redmond
Active
$874,000
Oregon Coast:
Pending
$1,195,000
Gross Drive
Pending
$665,000
Pending
$895,000
SE Bend
SOLD
$1,400,000
SOLD
$1,250,000
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Local News
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Laura Blossey
Founder and Principal Broker
 
949-887-4377
Lic# 201204340
All information deemed reliable but not guaranteed. If your property is listed with a real estate broker, this is not a solicitation of brokerage services. Laura Blossey, License 201204340, Avenir Realty.
 
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1051 NW Bond St., #410
Bend, OR 97703