July 2025 Housing Market Report for Central Oregon

Bend Market Overview: A Gradual Cooling Trend

Bend’s Single Family Residential (SFR) market is currently sitting at a 5-month supply of inventory—a noticeable uptick from earlier in the year. While sales volume saw a healthy bump in June, the market is shifting from red-hot to a more balanced (and arguably healthier) pace.

• Median sale price declined slightly to $693,000, the lowest since February 2024. 
• Luxury segment cooling: Homes over $1M made up just 18% of all sales, down from earlier peaks.

Bend Relo Insight: This isn’t a market in decline—it’s a recalibration. Sellers need to focus on strategic pricing and presentation, while buyers may find more negotiating power and less competition than last summer.

💬 “We’re seeing an adjustment, not a crash. It’s the kind of environment where solid guidance and local knowledge can make all the difference.”
— Bend Relo Team

 Redmond: The Reliable Performer

Redmond continues to deliver consistent results. The market has been remarkably stable since January, with inventory holding near a 3-month supply and median prices steady at $540,000.

• Days on Market: Hovering around 35–45 days, a comfortable pace for both sides. 
• Balanced conditions: Neither overheated nor oversupplied. 

Bend Relo Insight: Redmond remains one of the best values in Central Oregon. If you’re looking for price stability and strong fundamentals, it’s a great area to consider—especially for first-time buyers or those relocating from higher-priced metros.

Quarterly Look: Sisters, Sunriver, La Pine & Crook County

The Beacon Report also provides a quarterly snapshot of smaller submarkets. Here’s how they’re shaping up:

• Sisters: Still commanding a premium with median prices above $700K, and low inventory driving competition. 
• Sunriver: Remains popular for vacation home buyers. Median prices hover around $865K, though overall sales volume has slowed. 
• La Pine & Crook County: More affordable inventory ($300K–$400K range), but properties are taking longer to sell. 

Bend Relo Insight: If you’re open to a longer commute or remote living, these areas offer more space, lower entry prices, and unique lifestyle perks. For investors, they may also represent long-term upside as the region continues to grow.

What It All Means for You

We’ve been guiding buyers and sellers through Central Oregon markets for years—and if there’s one thing we know, it’s that timing and strategy matter more than headlines. Here’s our current advice:

For Sellers:

• The frenzy is behind us, but demand is still there. 
• Smart pricing, professional staging, and experienced representation will help you capture serious buyers. 

For Buyers:

• More listings mean more options—and less pressure. 
• Pre-approval and a clear game plan are essential, especially as interest rates remain volatile. 

For Everyone:

• Don’t go it alone. Real estate is local, nuanced, and constantly evolving. 
• Work with professionals who know how to interpret the data and help you act with confidence. That’s exactly what we’re here for. 

Let’s Talk Strategy

Want to dive deeper into your specific neighborhood, price tier, or investment goal? We’re not just reading reports—we’re translating them into real-world advice that gets results.

Reach out anytime for a personalized market analysis, or to grab coffee and talk next moves. (We promise to skip the jargon and bring the straight talk.)

Till next month,
— The Bend Relo Team 🏔️
Your Central Oregon Experts | Licensed at eXp Realty

Read the full Beacon Report for Central Oregon July 2025