Now that the market is slowing down, homeowners who haven't sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year and 48% since the same time last June. For every 100 new listings in June, about 21 homes were taken off the market.
And if you've made that same choice, you're probably frustrated things didn't go the way you wanted. It's hard when you feel like the market isn't working with you. But while slowdowns can be painful in the moment, history tells us they don't last forever.
This isn't the first time the housing market has experienced a slowdown. Here are some other notable times when home sales dropped significantly:
Click Here to see the Q2 Market Trends for Bend Real Estate and Redmond Real Estate, as well as the Q2 real estate trends in Sunriver, La Pine, Sisters, Prineville, Madras, Powell Butte, and Black Butte Ranch. In Q2 2025, the Bend Oregon Real Estate market and surrounding communities experienced a change, typically seeing a significant increase in inventory year over year with more homes, more new listings, and consistently more days on market. Buyers had more choices with the increased number of homes for sale and sellers were more inclined to consider offers under asking price. The number of listings grew, days on market increased in many markets, and prices decreased slightly in the larger markets of Bend and Redmond. However, despite the increased number of homes for sale, Bend, Redmond, Sisters, Prineville and Madras reflected a seller's market, although much less strong than in earlier quarters; Black Butte Ranch, La Pine and Sunriver were in a balanced market with Powell Butte in a very strong buyer's market with 32 months of supply.
A Bend Premier real estate broker understands the local market trends, which is crucial to properly representing buyers and sellers. We can provide insights into which areas are popular, price trends, and the average time properties stay on the market. We can also provide you with access to listings that match your criteria, some of which may not be widely advertised. We also have the first word on properties about to hit the market, giving you an edge in a competitive market.
To learn more about buying or selling Bend real estate, contact one of our Premier Agents at (541) 323-2779 any day of the week.
A few years ago, homes were flying off the shelves and getting multiple offers well over their asking price. It felt like you could name your price and still have buyers lined up at the door.
But today's housing market is different. Buyers are getting more selective now that inventory has grown. Homes are sitting a little longer. And more sellers are having to cut their prices.
So, how do you still come out on top? It all starts with one thing, pricing your house right from the start. Today, that matters more than ever – and it can make or break your sale.
A recent survey from Realtor.com shows 81% of home sellers believe they'll get their askin...
Many people will hike to the summit of Black Butte during the summer. It is an iconic volcano located just outside of Sisters next to Black Butte Resort which challenges both visitors and locals. Most people will take the gravel road which transitions into a terrible dirt road to the upper trailhead which is located 1500 feet below the summit. Hikers who start here will find a limited space parking area complete with facilities which require a current forest pass. Those who really want to challenge themselves can start at the base of Black Butte at the historic trail head located near Camp Sherman. The road to this trailhead is mostly paved until the turn off to the parking area so hikers avoid driving over challenging dirt roads before they start their trek. No parking pass but very limited parking available.
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For those hiking the historic route, the trail gradually climbs as hikers pass through the old growth forest located at the base of Black Butte. In May, 2025, early signs of spring were evident with blooming wildflowers. After roughly 3/4 of a mile, the path steepens and hikers start climbing Black Butte. Peek-a-boo views of Black Butte Ranch, Suttle Lake, and the Cascades can be seen through the tall Ponderosa Pines.
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After 3 miles the Historic Black Butte Trail reaches the upper trailhead and the last two mile of the hike is along this route. At the top of Black Butte in the middle of May, 2025, snow patches remained which were easily crossed. The top of the Butte was relatively snow free with all structures still locked and inaccessible to early visitors.
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Hikers can enjoy the top of Black Butte with amazing Cascade Views. On a clear day, as many as 13 peaks can be seen from Mt. Bachelor in the south all the way to Mt. Adams in Washington to the north. After spending time at the summit, hikers need to descend back to the trail head in Camp Sherman. All in all, the historic Black Butte Trail is over 10 miles with 3400 feet of elevation gain in the ascending 5 miles.
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In Q3 2024, the Bend Oregon Real Estate market and surrounding communities experienced a change, moving closer to a balanced market after many years of being a seller's market. The number of listings grew, days on market increased, but prices appear to have leveled off, at least within Bend and Redmond. In Bend, Redmond, Powell Butte and Black Butte Ranch, the number of sold homes increased as third quarter 2024 also saw mortgage interest rates drop. Outside of Redmond and Sunriver, all of the Central Oregon real estate markets saw an increase in new listings year over year, many above 20%. This can partly be attributed to sellers recognizing that with lower mortgage interest rates, the cost of their replacement property would be less and the delayed move they planned on taking could finally happen.