Spring Market Update

By Catherine Scanland | April 24, 2025
We hope this post finds you well and you’ve been outside enjoying all the sunshine! We wanted to give a brief update on the current market trends and local happenings.

Springtime in Central Oregon brings more than just beautiful weather – it creates an optimal environment for both buyers and sellers in the real estate market. For sellers, this season often means an increase in the buyer pool, green landscapes for beautiful photography, and higher visibility for listings. The demand tends to rise, as many buyers prefer to move before summer vacations or the start of the school year.

For buyers, spring is an excellent time to explore the diverse range of homes available in Central Oregon. This season offers an influx of listings, including new construction, homes that have been refreshed for the spring market, and homeowners who are now more motivated to sell after sitting on the market through the winter season.
LOCAL MARKET UPDATE…
Overall, the Central Oregon real estate market is experiencing increased inventory and the slightly softened mortgage rates are contributing towards a more balanced market environment. Despite the inventory increase, well-priced homes are still moving quickly, with a median of approximately 30 days on the market. According to National Association of Realtors, in March, California (our largest feeder market) experienced an uptick in home sales of 4.9% resulting in strong continued buyer interest in our local market.
 

NATIONAL UPDATE & THE EFFECTS ON OUR MARKET…

Current headlines regarding tariffs and the recent criticism of the Federal Reserve Chair have contributed to overall economic uncertainty. The stock market fluctuation has investors concerned and interest rates have reflected that concern by hovering just under 7% for a conventional 30yr fixed rate. Many buyers are opting to “wait and see” how the news will affect the housing market; however, in Central Oregon, we continue to watch multiple homes go pending daily and have not seen any major impact caused by the headlines on our market.

LOCAL HAPPENINGS…
Spring season in Central Oregon always offers fantastic outdoor fun including skiing through the end of May at Mt. Bachelor, golf courses opening, and hiking trails finally cleared of snow. Hayden Homes Amphitheater kicks off their summer concert series in just about a month, and get ready to enjoy the many cultural events on the local calendar including First Friday Art Walk, Pole Pedal Paddle (May 17), and the Bend Brews & Beyond festival featuring more than 50 Oregon breweries (May 24-25) at Drake Park. For additional happenings this spring in Bend, click here.
LOCAL VENDOR SPOTLIGHT…
Celebrate the grand opening of Tumalo Home’s new Gallery space! Featuring exciting large scale original oil paintings by John Goetz. Serene works by Tanja Rector. Also featuring special one of a kind vintage furnishings and one of a kind vintage pieces from Tumalo Home’s collection.

April 26, 4:00pm-7:00pm

64415 Strickler Avenue, Suite 106

Bend, OR 97702

Music, snacks & more!

www.tumalohome.net

 

CASCADE LIFESTYLE GROUP SPOTLIGHT LISTINGS OF THE MONTH…

60454 Elkai Woods Drive | Bend

3 Bedroom | 3 Bathroom | $825,000

Experience the Bend lifestyle from this ideal Westside location! Step out your front door and walk to fabulous golf and pickleball at Widgi Creek or be on the slopes at Mt. Bachelor within 15 minutes. Excellent proximity to trail systems leading to the Deschutes River and 10 minutes to the Old Mill District & all Westside amenities. 

1288 NW CRITERION LANE | BEND

3 Bedroom | 3 Bathroom | $1,050,000

Located in the heart of Bend’s Westside, this spacious home offers fantastic walkability to local restaurants, breweries and Downtown Bend. Step out your front door and walk to dining, yoga, cafes and all Northwest Crossing amenities.
 

Kristi Kaufman & Catherine Scanland @ Cascade Lifestyle Group continue to rank as the #1 Coldwell Banker Realty team in the Pacific Northwest offering unmatched market expertise, strategic insight, and a commitment to delivering exceptional client experiences. Kristi and Catherine’s understanding of the region, combined with the trusted resources of Coldwell Banker, provide a personalized, results-driven approach to every transaction. Whether you’re buying or selling, our professionalism, innovative marketing, and proven track record of success ensure that your real estate goals are met with confidence and care.

If you’re considering buying, selling, or simply interested in hearing more about our current market trends, we are always here to help! Connect with us for the latest market insights, personalized guidance, and expert support every step of the way. We’d love to hear from you and help you make the most of this exciting season!
Posted in Real Estate News