Bend, OR

Notable metrics include:

• The Median Sales Price in August 2026 was $705,000, representing a 7.46% decrease year-over-year from $761,817.50 in August 2025, reflecting price moderation in the Bend residential market.
• New listings increased 6.3% year-over-year, with 289 new residential properties coming to market compared to 272 in August 2025, providing buyers with continued opportunities and selection.
• The Absorption Rate in August 2026 measured 4.64 months, down 20.41% from 5.83 months one year ago, indicating a more active market with less available inventory relative to the pace of sales.
• The average Cumulative Days on Market (CDOM) increased to 78 days, up 2.63% from 76 days in August 2025, while the median CDOM increased from 38 days to 40 days, reflecting slightly longer marketing times and continued price sensitivity among buyers.
• Active listings totaled 1,029 homes, an 11.9% decrease from 1,168 one year ago, while sold listings declined 2.8% to 241 closed sales compared to 248 in August 2025, reflecting relatively steady transaction activity despite lower overall inventory.
• Average sale prices decreased 5.6% year-over-year to $930,879 from $986,103, while the average active list price declined 3.55% to $1,082,654, reflecting broader price moderation across both active and completed sales.

The key August 2026 real estate metrics for Bend reflect a relatively balanced but increasingly price-sensitive market. Lower median and average sale prices point to some price moderation, while fewer active listings and a lower absorption rate indicate that buyer demand remains steady relative to available inventory. Slightly longer marketing times reinforce the importance of strategic pricing and positioning for sellers.

Bend, Oregon, MARKET CONDITIONS

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Sisters, OR

Notable metrics include:

• The Median Sales Price in August 2026 was $682,174, representing a 15.52% decrease year-over-year from $807,539 in August 2025, reflecting notable price moderation in the Sisters market.
• New listings totaled 36 residential properties in August 2026, reflecting a continued flow of new inventory entering the market and providing buyers with additional options.
• The Absorption Rate in August 2026 measured 8.54 months, up 40.92% from 6.06 months one year ago, indicating increasingly buyer-favorable conditions with more inventory available relative to the pace of sales.
• The average Cumulative Days on Market (CDOM) decreased to 63 days, down 11.27% from 71 days in August 2025, while the median CDOM increased from 37 days to 44 days, suggesting mixed marketing times depending on property positioning and buyer demand.
• Active listings totaled 148 homes, a 41% increase from 105 one year ago, while sold listings increased 5.9% to 18 closed sales compared to 17 in August 2025, reflecting significantly greater buyer choice alongside relatively stable transaction activity.
• Average sale prices decreased 33.45% year-over-year to $730,280 from $1,097,361, while the average active list price decreased 19.16% to $1,132,211 from $1,400,641, highlighting substantial price adjustment as inventory has expanded and buyers have become more selective.

The key August 2026 real estate metrics for Sisters reflect a buyer-favorable and increasingly price-sensitive market. Higher inventory and a rising absorption rate are providing buyers with greater choice and negotiating leverage, while lower median and average sale prices point to meaningful price moderation. Despite these shifts, closed sales remained relatively stable, indicating continued buyer activity for well-positioned properties.

Sisters, Oregon, MARKET CONDITIONS

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Redmond, OR

Notable metrics include:

• The Median Sales Price in August 2026 was $454,950, representing a 16.52% decrease year-over-year from $545,000 in August 2025, reflecting notable price softening in the Redmond market.
• New listings totaled 112 residential properties in August 2026, a 3.7% increase from 108 new listings one year ago, reflecting a continued flow of inventory entering the market and providing buyers with additional options.
• The Absorption Rate in August 2026 measured 5.41 months, up 20.49% from 4.49 months one year ago, indicating a shift toward more balanced conditions with increased inventory relative to the pace of sales.
• The average Cumulative Days on Market (CDOM) decreased to 54 days, down 26.03% from 73 days in August 2025, while the median CDOM improved from 38 days to 29 days, suggesting that well-positioned homes are moving more efficiently despite softer pricing.
• Active listings totaled 418 homes, an 18.8% increase from 352 one year ago, while sold listings declined 22% to 78 closed sales compared to 100 in August 2025, reflecting greater buyer choice alongside slower transaction activity.
• Average sale prices decreased 12.54% year-over-year to $545,423 from $623,619, while the average active list price decreased 6.99% to $590,855 from $635,257, reflecting broader price adjustments as the market responds to increased inventory and more selective buyer activity.

The key August 2026 real estate metrics for Redmond reflect a more buyer-friendly and price-sensitive market. Increased inventory and a higher absorption rate are providing buyers with greater choice, while lower median and average sale prices and fewer closed sales point to softer demand. At the same time, shorter marketing times suggest that well-priced properties continue to attract buyers and move efficiently.

Redmond, Oregon, MARKET CONDITIONS

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La Pine, OR

Notable metrics include:

• The Median Sales Price in August 2026 was $425,000, representing a 7.87% increase year-over-year from $394,000 in August 2025, reflecting renewed price strength in the La Pine market.
• New listings increased 13.6% year-over-year, with 50 new residential properties coming to market compared to 44 in August 2025, providing buyers with additional inventory and continued opportunities.
• The Absorption Rate in August 2026 measured 10.25 months, up 9.86% from 9.33 months one year ago, indicating market conditions that continue to favor buyers with elevated inventory relative to the pace of sales.
• The average Cumulative Days on Market (CDOM) decreased to 103 days, down 3.74% from 107 days in August 2025, while the median CDOM improved significantly from 79 days to 55 days, suggesting that well-positioned properties are moving more efficiently despite overall slower market conditions.
• Active listings totaled 264 homes, a 5.2% increase from 251 one year ago, while sold listings increased 66.7% to 35 closed sales compared to 21 in August 2025, reflecting stronger transaction activity alongside growing inventory.
• Average sale prices increased 6.84% year-over-year to $444,317 from $415,867, while the average active list price increased 17.49% to $599,975 from $510,640, highlighting continued price growth while maintaining a notable gap between seller expectations and completed sale prices.

The key August 2026 real estate metrics for La Pine reflect a buyer-favorable market with improving sales activity and stronger pricing. Median and average sale prices increased year-over-year, while closed sales rose substantially and marketing times improved. However, growing inventory and a 10.25-month absorption rate continue to provide buyers with meaningful choice and negotiating leverage.

La Pine, Oregon, MARKET CONDITIONS

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Prineville, OR

Notable metrics include:

• The Median Sales Price in August 2026 was $465,000, representing an 8.92% increase year-over-year from $426,900 in August 2025, reflecting stronger median pricing in the Prineville market.
• New listings totaled 46 residential properties in August 2026, a 9.5% increase from 42 new listings one year ago, reflecting a continued flow of new inventory entering the market and providing buyers with additional options.
• The Absorption Rate in August 2026 measured 7.62 months, up 1.46% from 7.51 months one year ago, indicating market conditions that continue to provide buyers with meaningful inventory and negotiating opportunities.
• The average Cumulative Days on Market (CDOM) increased to 106 days, up 21.84% from 87 days in August 2025, while the median CDOM increased from 58 days to 68 days, reflecting longer marketing times and more selective buyer activity.
• Active listings totaled 242 homes in August 2026, while sold listings increased 7.4% to 29 closed sales compared to 27 in August 2025, reflecting modestly stronger transaction activity alongside elevated inventory levels.
• Average sale prices decreased 1.52% year-over-year to $510,210 from $518,069, while the average active list price increased 6.61% to $644,147 from $604,237, highlighting a growing gap between seller expectations and completed sale prices.

The key August 2026 real estate metrics for Prineville reflect a buyer-favorable and increasingly price-sensitive market. Median sale prices strengthened year-over-year and closed sales improved modestly, while longer marketing times and a 7.62-month absorption rate continue to provide buyers with meaningful choice and negotiating leverage.

Prineville, Oregon, MARKET CONDITIONS

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