🏡 Bend Real Estate Market Update – June 2025 🏡

Hello! Here’s your fresh snapshot of how the real estate market is performing this summer 🌞

📉 Market Cooling Slightly, Still Strong Overall

Median Sales Price: $729,950 (down 12.8% from last year)

Price per Square Foot: $387 (down 8.9%)

Closed Sales: 204 (a 21% dip from last month)

These shifts indicate some breathing room for buyers, with prices softening slightly—offering a potential window of opportunity.

📈 Inventory Rising = More Choices

Active Inventory: 973 homes (up 4.3% from last month)

New Listings: Up 22.2% month-over-month

Months Supply of Inventory: 4.8 months (up 15.6%)

More homes on the market means more options and negotiating power for buyers.

🔁 Quick Facts for June 2025:

Days on Market: Median of 22 days (up slightly, homes still moving fast!)

List Price Received: 98.2% (sellers are still getting close to asking)

Whether you’re looking to buy, sell, or just stay informed:

Principal Broker Kim Halverson, powered by Cascade Hasson Sotheby’s International Realty, is here to help you navigate the real estate market with confidence. 🏔️✨