Jake Moorhead

Cell: 541.480.6790

Office: 541.728.0033

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42 NW Greenwood Ave.
Bend, OR 97703

Specialties: Residential, Farm & Ranch, Investment Properties

THIS MONTH'S ANALYSIS

What’s Happening in the Central Oregon Housing Market?

The October 2025 real estate market in Deschutes County shows a stabilizing yet measured pace as the region heads into winter. County-wide, median prices held steady at $656,750, with inventory near five months of supply. Homes are taking longer to sell, with average days on market up 27%, reflecting a more deliberate buyer environment. In Bend, prices softened to $755,000 and new listings fell nearly 19%, while Sisters saw strong price growth to $815,437 amid rising inventory but slower sales. Redmond and Prineville experienced moderate price gains, though homes are selling more slowly, and La Pine remained stable with steady demand. Overall, the market features steady to rising prices, balanced inventory, and longer selling timelines, indicating cautious buyer activity and the need for strategic selling in higher-priced areas.

-Ryan Buccola, Broker/Owner REMAX Key Properties

REAL ESTATE MARKET UPDATES FOR CENTRAL OREGON

Deschutes County

Notable metrics include:

  • The Median Sales Price of $656,750 decreased 0.49% year-over-year from $660,000 in October 2024, though remained relatively stable with only a nominal decline.
  • The number of new listings decreased 5.4% from October 2024, with 387 new properties coming to market compared to 409 the previous year.
  • The 4.99 months' supply of inventory in October decreased 0.6% from October 2024's 5.02 months, indicating a relatively balanced market with minimal change in supply levels.
  • The average Cumulative Days on Market in October was 89 days, representing a 27.1% increase from 70 days in October 2024, while the median CDOM rose 26.5% from 49 to 62 days.
  • Active listings increased 7.2% year-over-year to 1,737 properties, while sold listings decreased 6.2% to 360 transactions compared to 384 in October 2024.

The key October 2025 real estate metrics for Deschutes County reveal a stabilizing market with flat pricing year-over-year and extended marketing periods as homes take significantly longer to sell than last fall. While inventory levels remain relatively balanced at just under five months of supply, the combination of fewer transactions, increased days on market, and a modest uptick in active listings suggests a more deliberate buyer environment heading into the traditionally slower winter months.

Deschutes County MARKET CONDITIONS

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Bend, OR

Notable metrics include:

  • The Median Sales Price of $755,000 decreased 5.03% year-over-year from $795,000 in October 2024, reflecting a moderate softening in prices compared to last fall.
  • New listings declined 18.6% year-over-year, with 206 new properties hitting the market versus 253 in October 2024, signaling reduced seller activity.
  • Months’ supply of inventory measured 4.74, essentially unchanged from October 2024’s 4.75, indicating a steady and relatively balanced supply environment.
  • Average Cumulative Days on Market rose sharply to 95 days, a 43.9% increase from 66 days one year prior, while the median CDOM climbed 30.2% from 53 to 69 days, meaning homes are taking considerably longer to sell.
  • Active listings increased 8.2% year-over-year to 974 properties, while sold listings rose slightly by 4.3% to 220 transactions compared to 211 in October 2024.

The key October 2025 real estate metrics for Bend illustrate a market adjusting to slower buyer activity, characterized by longer selling timelines and a noticeable year-over-year decline in median sale prices. While inventory levels remain balanced at just under five months of supply, the combination of fewer new listings, elevated days on market, and softening price points reflects a more measured and cautious buyer environment heading into the winter season.

Bend, Oregon, MARKET CONDITIONS

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Sisters, OR

Notable metrics include:

  • The Median Sales Price of $815,437 increased 11.3% year-over-year from $732,500 in October 2024, reflecting continued strength in property values compared to last fall.
  • New listings rose 84.6% year-over-year, with 24 new properties hitting the market versus 13 in October 2024, signaling increased seller activity.
  • Months’ supply of inventory measured 6.49, up from 5.02 in October 2024, indicating a slower-moving market with inventory building relative to demand.
  • Average Cumulative Days on Market (CDOM) declined slightly to 56 days, down 9.7% from 62 days one year prior, while the median CDOM dropped to 37 days from 43 days, suggesting that while inventory is higher, homes that are selling are moving at a modestly faster pace.
  • Active listings increased 36.6% year-over-year to 112 properties, while sold listings declined 54.2% to 11 transactions compared to 24 in October 2024, highlighting slower sales activity despite rising inventory.

The key October 2025 real estate metrics for Sisters illustrate a market characterized by higher prices and rising inventory, but slower sales activity. While homes are selling slightly faster than last year, the combination of fewer closed transactions, elevated months of supply, and strong pricing reflects a market in transition, with buyers having more choice and sellers needing to be strategic as the winter season approaches.

Sisters, Oregon, MARKET CONDITIONS

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Redmond, OR

Notable metrics include:

  • The Median Sales Price of $530,000 increased 5.48% year-over-year from $502,450 in October 2024, reflecting a moderate upward trend in home values compared to last fall.
  • New listings declined 5.7% year-over-year, with 92 new properties hitting the market versus 87 in October 2024, indicating a slight decrease in seller activity.
  • Months’ supply of inventory measured 3.83, down from 4.59 in October 2024, suggesting a tighter supply environment that favors buyers moving more cautiously.
  • Average Cumulative Days on Market (CDOM) held steady at 74 days, essentially unchanged from 75 days one year prior, while median CDOM increased 9.52% from 42 to 46 days, indicating homes are taking slightly longer to sell.
  • Active listings decreased 11.8% year-over-year to 306 properties, while sold listings declined 13.8% to 81 transactions compared to 94 in October 2024, highlighting slower overall sales activity.

The key October 2025 real estate metrics for Redmond illustrate a market with modest price growth, a slight decrease in new listings, and fewer overall transactions. While inventory remains relatively balanced at just under four months of supply, the combination of slightly longer selling timelines, reduced activity, and rising median sale prices suggests a measured buyer environment as the market transitions toward the winter season.

Redmond, Oregon, MARKET CONDITIONS

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La Pine, OR

Notable metrics include:

  • The Median Sales Price of $392,500 increased 2.10% year-over-year from $384,425 in October 2024, reflecting a modest upward trend in home values compared to last fall.
  • New listings rose 29.4% year-over-year, with 44 new properties hitting the market versus 34 in October 2024, indicating increased seller activity.
  • Months’ supply of inventory (Absorption Rate) measured 7.94, slightly down from 8.12 in October 2024, suggesting a moderately balanced market with buyers still able to negotiate carefully.
  • Average Cumulative Days on Market (CDOM) held at 96 days, up 10.34% from 87 days one year prior, while median CDOM decreased slightly by 1.59% from 63 to 62 days, indicating homes are selling at a similar pace overall.
  • Active listings increased 4% year-over-year to 207 properties, while sold listings declined 11.8% to 30 transactions compared to 34 in October 2024, highlighting slightly slower overall sales activity.

Overall, La Pine continues to be a moderately active market with stable prices, a slightly longer time on market, and consistent absorption. The market shows selective demand across mid-tier price points, while higher-priced homes see less frequent turnover.

La Pine, Oregon, MARKET CONDITIONS

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Prineville, OR

Notable metrics include:

  • The Median Sales Price of $444,450 increased 7.10% year-over-year from $415,000 in October 2024, reflecting a solid upward trend in home values compared to last fall.
  • New listings declined 2.8% year-over-year, with 35 new properties hitting the market versus 36 in October 2024, indicating a slight decrease in seller activity.
  • Months’ supply of inventory measured 6.67, up from 5.44 in October 2024, suggesting a more balanced market where buyers may have slightly more negotiating power.
  • Average Cumulative Days on Market (CDOM) increased 56.94% to 113 days from 72 days one year prior, while median CDOM rose 142.42% from 33 to 80 days, indicating that homes are taking significantly longer to sell.
  • Active listings decreased 1.8% year-over-year to 208 properties, while sold listings increased 2.4% to 42 transactions compared to 41 in October 2024, highlighting steadier overall sales activity despite slower individual home sales.

The key October 2025 real estate metrics for Prineville illustrate a market with notable price growth, slightly fewer new listings, and increased overall transactions. While inventory remains above six months of supply, the combination of longer selling timelines and rising median sale prices suggests a measured buyer environment as the market transitions toward the winter season.

Prineville, Oregon, MARKET CONDITIONS

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Source: Information obtained from the MLS of Central Oregon

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