Bend Area February 2025 Market Stats

Why Mentorship Matters for New Real Estate Agents

February has historically been the lowest price month of the year in Bend, and 2025 was no different! With the median home price at $700K (a $100K drop from October), savvy buyers and investors took advantage of this seasonal dip. But as spring approaches, the market is shifting! 🌸 🔑 Key February Market Stats: ✔️ Median home price: $700K ✔️ 94 closed sales – the lowest in over a year ✔️ 41% of sales were all-cash deals – investors were busy! ✔️ Days on Market is starting to decline as activity picks up So, what’s next? March and beyond usually bring rising prices and increased competition. If you’re thinking of buying or selling this spring, now is the time to prepare! 👉 Subscribe to our channel for more real estate insights, and stay tuned for the Q2 2025 market forecast