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.

If you're thinking of making a move this year, there are two Bend housing market factors that are probably on your mind: home prices and mortgage rates. You're wondering what's going to happen next. And if it's worth it to move now, or better to wait it out.

The only thing you can really do is make the best d...

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What's Up with Real Estate Trends in Sisters, La Pine, Madras and Prineville?

We track on a monthly basis the real estate single family home sales trends for Bend, and on a quarterly basis those of Redmond. However, there are four other cities in Central Oregon which are important markets to our home buyers and sellers. The small city of Sisters typically has had higher prices than the other Central Oregon municipalities, but the access to the Cascades and other recreational opportunities has been a draw for those who like its quaint, western theme.  For many for whom Bend is too expensive, wonderful options are available in La Pine, Madras and Prineville. 

For the past three years, all three towns have followed the same market trends for their single family home sales as we have seen in both Bend and Redmond.  Lack of inventory with high demand drove home prices up through 2021 into mid 2022, at which time the sharp increase in mortgage interest rates led to a...

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Central Oregon Real Estate Home Prices Trending Up

Those who have lived longer than 5 years in Central Oregon have seen home prices rise at a rapid pace, especially in Bend and Redmond.  The average price for a single family residential home in Bend has risen over $200,000, the price for a Redmond home has more than doubled, Sisters homes are up 40% and Sunriver home prices have risen 22% in the last five years. 

Our Predictions for Central Or Single Family Homes

The question can be asked, will Central Oregon home prices start to level off?  Have we reached the top? Obviously affordability for locals has been an issue for several years. But for new Central Oregon residents, the price for a Redmond or Bend single family home is extremely inexpensive relative to th...

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