Bend, OR

Notable metrics include:

• The Median Sales Price in July 2026 was $736,500, representing a modest 0.41% decrease year-over-year from $739,500 in July 2025, reflecting generally stable home values in the Bend residential market.
• New listings decreased 2.0% year-over-year, with 342 new residential properties coming to market compared to 349 in July 2025. 
• The Absorption Rate in July 2026 measured 4.9 months, down 19.0% from 6.05 months one year ago. The decline in available months of inventory, combined with increased sales activity, points to a more active and competitive market than July 2025.
• Average Cumulative Days on Market (CDOM) remained unchanged year-over-year at 58 days, while median CDOM increased from 26 days to 31 days. This suggests that buyers remain active, although some properties—particularly those requiring price adjustments or competing within more heavily supplied segments—may take longer to secure a buyer.
• Active listings totaled 1,073 homes, an 11.0% decrease from 1,205 one year ago, while sold listings increased 8.8% to 272 closed sales compared to 250 in July 2025. Pending activity was also stronger, increasing 7.3% to 249 properties from 232, reinforcing signs of healthy buyer engagement.
• Average sale prices increased 4.16% year-over-year to $959,931 from $921,549, while the average active list price declined 2.81% to $1,101,790. The median active list price also fell 6.46% to $795,000, suggesting sellers are adjusting pricing expectations as buyers remain selective.

The key July 2026 real estate metrics for Bend reflect an active market with improving transaction volume and relatively stable home values. Fewer active listings, a lower absorption rate, and year-over-year increases in both closed and pending sales point to solid buyer demand. At the same time, lower active asking prices and longer median marketing times suggest buyers remain price-conscious. Overall, Bend continues to offer a relatively balanced environment, with well-positioned and appropriately priced homes benefiting most from current market conditions.

Bend, Oregon, MARKET CONDITIONS

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Sisters, OR

Notable metrics include:

• The Median Sales Price in July 2026 was $788,000, representing a 12.93% decrease year-over-year from $905,000 in July 2025, reflecting notable price moderation in the Sisters market.
• New listings totaled 33 properties in July, a 10.8% decrease from 37 one year ago, while active inventory reached 147 homes, up 23.5% year-over-year from 119, providing buyers with significantly more options.
• The Absorption Rate increased to 9.24 months, up 40.43% from 6.58 months one year ago, signaling increasingly buyer-favorable conditions as available inventory outpaced demand.
• The average CDOM improved significantly to 49 days, down 36.36% from 77 days in July 2025, while the median CDOM fell to just 10 days from 29 days, suggesting well-positioned homes are still attracting buyers quickly.
• Sold listings increased sharply to 32 homes, up 113.3% from 15 sales in July 2025, indicating strong transaction activity despite higher inventory and softer pricing.
• Average sale prices declined 12.8% year-over-year to $888,001 from approximately $1.02 million, further reflecting price adjustment compared with last summer.

The key July 2026 real estate metrics for Sisters reflect a more buyer-favorable but active market. Inventory and the absorption rate have increased substantially while prices have moderated, yet stronger sales activity and much shorter marketing times indicate continued demand for homes that are priced and positioned effectively.

Sisters, Oregon, MARKET CONDITIONS

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Redmond, OR

Notable metrics include:

• The Median Sales Price in July 2026 was $534,900, representing a 2.9% increase year-over-year from $520,000 in July 2025, reflecting continued price strength in the Redmond market.
• New listings totaled 148 properties in July, a 43.7% increase from 103 one year ago, providing buyers with increased selection as inventory continued to build during the summer selling season.
• The Absorption Rate in July 2026 measured 5.25 months, up from 4.43 months one year ago, indicating a more balanced market with greater inventory available to buyers.
• Average Days on Market decreased to 82 days, down from 86 days in July 2025, reflecting a modest improvement in marketing times and suggesting homes are selling slightly faster than one year ago.
• Active listings totaled 409 homes in July, up 13.9% from 359 one year ago, while sold listings declined 6.9% year-over-year to 81 closed sales, reflecting moderating transaction activity amid rising inventory.
• The Average Sales Price rose 9.7% year-over-year to approximately $619,000, reflecting continued strength in home values compared to July 2025.

The key July 2026 real estate metrics for Redmond reflect a more balanced market with growing inventory and continued price strength. Increased new and active listings are providing buyers with greater choice, while modestly improved marketing times suggest steady demand for well-positioned homes. Despite fewer closed sales, year-over-year gains in median and average sale prices demonstrate continued price resilience, while increased inventory reinforces the importance of strategic pricing for sellers.

Redmond, Oregon, MARKET CONDITIONS

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La Pine, OR

Notable metrics include:

• The Median Sales Price in July 2026 was $395,450, representing a 2.24% decrease year-over-year from $404,500 in July 2025, reflecting modest price softening in the La Pine market.
• New listings totaled 58 properties in July, providing buyers with continued selection as inventory remained elevated during the summer selling season.
• The Absorption Rate in July 2026 measured 9.45 months, up 1.61% from 9.3 months one year ago, indicating conditions that continue to favor buyers with ample available inventory.
• The average Cumulative Days on Market (CDOM) increased significantly to 164 days, up 64% from 100 days in July 2025, while the median CDOM improved from 67 days to 62 days, highlighting a notable difference between properties that sell relatively quickly and those experiencing extended marketing periods.
• Active listings totaled 256 homes in July, a 4.5% increase from 245 one year ago, while sold listings declined 42.1% year-over-year to 22 closed sales compared to 38 in July 2025, reflecting slower transaction activity amid elevated inventory.
• Average sale prices decreased 12.31% year-over-year to $414,709 from $472,916, reinforcing a more price-sensitive environment and increased negotiating leverage for buyers.

The key July 2026 real estate metrics for La Pine reflect a buyer-favorable and increasingly price-sensitive market. Elevated inventory, a higher absorption rate, longer average marketing times, and fewer closed sales are creating greater choice and negotiating opportunities for buyers, while sellers continue to face increased competition and the need for strategic pricing.

La Pine, Oregon, MARKET CONDITIONS

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Prineville, OR

Notable metrics include:

• The Median Sales Price in July 2026 was $387,000, representing an 8.4% decrease year-over-year from $422,500 in July 2025, reflecting notable price softening in the Prineville market.
• New listings decreased 13.8% year-over-year, with 50 new residential properties coming to market compared to 58 in July 2025, indicating a slower pace of new inventory entering the market.
• The Absorption Rate in July 2026 measured 7.2 months, down 5.14% from 7.59 months one year ago, indicating conditions that continue to provide buyers with meaningful inventory and negotiating opportunities.
• The average Cumulative Days on Market (CDOM) increased to 115 days, up 47.44% from 78 days in July 2025, while the median CDOM increased from 32 days to 88 days, reflecting substantially longer marketing times and more selective buyer activity.
• Active listings totaled 234 homes, a 0.9% increase from 232 one year ago, while sold listings declined 25% to 27 closed sales compared to 36 in July 2025, reflecting slower transaction activity despite relatively stable inventory levels.
• Average sale prices decreased 12.02% year-over-year to $430,144 from $488,931, while the average active list price increased 5.56% to $651,599, highlighting a widening gap between seller expectations and completed sale prices.

The key July 2026 real estate metrics for Prineville reflect a buyer-favorable and increasingly price-sensitive market. Lower median and average sale prices, longer marketing times, and fewer closed sales point to more selective buyer behavior, while relatively stable inventory and a 7.2-month absorption rate continue to provide buyers with meaningful choice and negotiating leverage.

Prineville, Oregon, MARKET CONDITIONS

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