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42 NW Greenwood Ave.
Bend, OR 97703

Specialties: Residential & Commercial Properties

THIS MONTH'S ANALYSIS

What’s Happening in the Central Oregon Housing Market?

"The November 2025 Deschutes County housing market shows steady prices and a more deliberate pace as winter approaches. County-wide, the median sales price rose slightly to $620,000, while homes are taking longer to sell, with average days on market up 22%. In Bend, prices held at $700,000 with fewer new listings and longer marketing times. Sisters saw faster sales despite fewer transactions, Redmond experienced moderate price gains with slower sales, La Pine prices fell to $380,000 with balanced inventory, and Prineville posted strong price growth to $475,000 amid longer days on market. Overall, the market features stable to rising prices, balanced supply, and a patient buyer environment heading into the winter season."

-Ryan Buccola, Broker/Owner REMAX Key Properties

REAL ESTATE MARKET UPDATES FOR CENTRAL OREGON

Deschutes County

Notable metrics include:

  • The Median Sales Price of $620,000 increased 0.81% year-over-year from $615,000 in November 2024, reflecting steady pricing with minimal upward movement.
  • The Absorption Rate decreased 4.99% year-over-year from 4.61 in November 2024 to 4.38 months, maintaining a balanced supply–demand environment despite a slight slowing in market pace.
  • The Average Cumulative Days On Market (CDOM) rose to 93 days, a 22.37% increase from 76 days in November 2024, while the Median CDOM increased 20% from 50 to 60 days, indicating homes are taking meaningfully longer to sell than a year ago.
  • The Average Sale Price in November increased 1.27% year-over-year, rising from $768,977 in November 2024 to $778,740 in 2025, reflecting modest upward price movement despite shifting market conditions.
  • Pended and Sold Activity by price bracket shows a broad mix of movement, with total sold listings up slightly year-over-year by 1.7%, signaling steady transaction volume amid longer market times.

The key November 2025 real estate metrics for Deschutes County illustrate a market defined by price stability and extended marketing periods. While demand remains consistent enough to maintain a balanced absorption rate, the notable increase in days on market suggests buyers are taking more time and approaching purchases with greater selectivity. With prices holding firm year-over-year and inventory levels steady, the market is transitioning into the winter season with measured momentum and a more deliberate pace on both sides of the transaction.

Deschutes County MARKET CONDITIONS

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Bend, OR

Notable metrics include:

  • The Median Sales Price of $700,000 remained virtually unchanged year-over-year compared to November 2024’s $699,992.50, reflecting flat pricing stability heading into the winter season. 
  • The number of new listings declined significantly, falling 21.2% year-over-year, aligning with typical late-fall listing slowdown. 
  • The 4.12 months’ supply of inventory in November decreased 8.65% from the 4.51 months reported in November 2024, indicating slightly tighter supply conditions than last year.
  • The Average Cumulative Days on Market (CDOM) climbed to 95 days, a 21.79% increase from 78 days in November 2024, while the median CDOM rose 15.38%, from 52 to 60 days—both signaling that homes are taking longer to sell compared to last fall. 
  • Active listings decreased modestly to 850 properties, down 0.9% year-over-year, while sold listings increased 7.2%, rising from 180 transactions in November 2024 to 193 in November 2025.

The key November 2025 real estate metrics for Bend illustrate a market defined by stable pricing, longer marketing times, and a mild tightening of inventory. While active supply shows only slight year-over-year softening, elevated days on market combined with fewer new listings signal a more patient, seasonal buyer environment as the market transitions into the winter months.

Bend, Oregon, MARKET CONDITIONS

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Sisters, OR

Notable metrics include:

  • The Median Sales Price of $690,000 in November 2025 decreased 2.92% year-over-year from $710,785 in November 2024, reflecting a modest decline in pricing while remaining generally stable. 
  • New listings fell 21.4% compared to November 2024, with 11 properties coming to market versus 14 the previous year.
  • The Absorption Rate increased to 6.25 from 4.24 in November 2024, indicating a faster rate of inventory turnover and a slightly more active buyer environment. 
  • The Average Cumulative Days on Market (CDOM) decreased 25% to 63 days from 84 days the previous November, while the median CDOM dropped 53.3% from 60 to 28 days, suggesting homes are selling more quickly. 
  • Active listings increased 42.3% year-over-year to 101 properties, and sold listings decreased 37.5% to 10 transactions compared to 16 in November 2024.

The key November 2025 real estate metrics for Sisters point to a market with stable pricing but fewer transactions, faster sales, and a notable rise in active inventory. This combination indicates a more deliberate buyer market with selective purchasing, as homes move more efficiently yet overall sales volume is down compared to last year.

Sisters, Oregon, MARKET CONDITIONS

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Redmond, OR

Notable metrics include:

  • The Median Sales Price of $515,000 in November 2025 increased 4.3% year-over-year from $493,750 in November 2024, showing moderate growth in home values. 
  • The number of new listings decreased 5.4% from November 2024, with 53 new properties coming to market compared to 56 the previous year. 
  • The Absorption Rate for November 2025 was 3.35, down 15.6% from 3.97 in November 2024, reflecting a slightly slower pace of sales relative to inventory. 
  • The average Cumulative Days on Market in November was 70 days, representing a 12.9% increase from 62 days in November 2024, while the median CDOM rose 34.3% from 35 to 47 days. 
  • Active listings decreased 14.6% year-over-year to 264 properties, while sold listings decreased 11.8% to 60 transactions compared to 68 in November 2024.

The key November 2025 real estate metrics for Redmond suggest a market with steady pricing growth and longer marketing periods, as homes are taking more time to sell compared to last year. While active inventory has slightly decreased, the combination of fewer transactions, higher days on market, and stable median sale prices indicates a measured buyer environment heading into the winter season.

Redmond, Oregon, MARKET CONDITIONS

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La Pine, OR

Notable metrics include:

  • The Median Sales Price of $380,000 in November 2025 decreased 20.83% year-over-year from $480,000 in November 2024, reflecting a significant downward adjustment in home values. 
  • The number of new listings decreased 20% from November 2024, with 24 properties coming to market compared to 30 the previous year. 
  • The 6.99 months' supply of inventory in November was relatively stable compared to 7.15 months in November 2024, indicating a balanced market with sufficient options for buyers. 
  • The average Cumulative Days on Market in November was 114 days, representing a 6.5% increase from 107 days in November 2024, while the median CDOM rose slightly from 73 to 75 days. 
  • Active listings remained steady year-over-year at 180 properties, while sold listings decreased slightly to 26 transactions from 28 the previous year.

The key November 2025 real estate metrics for La Pine indicate a market experiencing lower sale prices and moderately extended marketing periods, while inventory levels remain balanced. The combination of fewer new listings, a slight decline in sales volume, and longer days on market suggests that buyers have more leverage in negotiations as the market moves into the winter months.

La Pine, Oregon, MARKET CONDITIONS

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Prineville, OR

Notable metrics include:

  • The Median Sales Price of $475,000 in November 2025 increased 21.79% year-over-year from $390,000 in November 2024, showing a strong upward movement in home values. 
  • New listings decreased 29.4% from November 2024, with 24 new properties coming to market compared to 34 the previous year. 
  • The Absorption Rate in November 2025 was 5.79, up 13.1% from 5.12 in November 2024, indicating homes are selling at a slightly faster pace than last year. 
  • The average Cumulative Days on Market was 113 days, a 41.3% increase from 80 days in November 2024, while the median CDOM rose 87.2% from 39 to 73 days, reflecting longer marketing periods. 
  • Active listings increased 13% year-over-year to 182 properties, while sold listings remained relatively stable with 31 transactions compared to 25 in November 2024.

The key November 2025 real estate metrics for Prineville suggest a market with rising prices and a slightly more deliberate pace of sales. While inventory levels have grown modestly and active listings are up, longer days on market indicate buyers are taking more time to make decisions. Combined with fewer new listings, this points to a competitive environment for buyers with steadily appreciating home values heading into the winter season.

Prineville, Oregon, MARKET CONDITIONS

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Source: Information obtained from the MLS of Central Oregon

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