

Central Oregon's housing market kept its footing this July, and the numbers tell a story of a market that's active, competitive, and holding its value. Here's your snapshot of what happened across Bend's core zip codes — 97701, 97702, and 97703 — for single-family homes on less than an acre.
A 99% list-to-sale ratio is the headline of the month. When homes sell for essentially what they're asking, it tells you that pricing is realistic and buyers are meeting sellers close to the number. With an average sales price of just over $1 million against an average list of roughly $1.05 million, the gap between hope and reality is thin — which is exactly what you want to see in a healthy market. Homes that are priced right and shown well are still commanding strong offers.
With 546 active listings against 189 closings, there's meaningful inventory to work with. That's a real shift from the frenzied, no-time-to-think days of a few years back. At 56 days on market on average, buyers have breathing room to tour, compare, and make a considered decision rather than firing off an offer sight-unseen. That said, well-priced, move-in-ready homes still move faster than the average — so the best properties reward buyers who are ready to act.
With 214 homes pending, there's a solid layer of activity working its way toward closing. That momentum matters: it signals continued demand and gives us a good read on where the next round of sold data is headed.
Bend remains a market where quality and pricing win. Sellers who position their homes thoughtfully are being rewarded with near-full-price offers, and buyers who come prepared have both selection and a reasonable timeline to make their move. Whether you're thinking about listing or looking to buy, the July numbers point to a market that's rewarding good strategy on both sides of the table.
If you'd like a personalized read on what these trends mean for your home or your search, I'd love to talk it through with you.
Lesley Snider | Broker
lesleysnider.bendpremierrealestate.com
503.592.4323