Central Oregon Real Estate Trends
January 2025
Reflecting on the seasonal slowdown that typically begins in January, Team Warner takes this opportunity to delve into the trends that were prominent in the Central Oregon housing market during December 2024. This analysis focuses on Bend and Redmond, exploring the shifts in inventory levels, pricing dynamics, and changing attitudes of buyers and sellers. By examining these evolving trends in the real estate landscape, we aim to provide valuable insights for those considering buying, selling, or investing in properties in these vibrant communities.
Bend, OR Housing Market
As we step into January 2025, Bend, Oregon’s real estate market witnesses a transformative shift, signaling a distinct change in its yearly cycle. Following the energetic and competitive summer months marked by uncanny growth, the market now transitions toward a more equilibrium-based environment. This period sees an increase in the diversity of properties available, granting prospective buyers a richer selection and fostering a more serene atmosphere for securing their ideal homes in this picturesque region. Despite the unwavering appeal offered by Bend’s captivating outdoor settings and its dynamic community life, the market is adjusting to a more tempered pace, encouraging a healthier balance between the supply of homes and the demands of buyers. 
With the arrival of January 2025, participants in the Bend housing market encounter a scene distinctly softer than the heady days of summer. Although the swift rise in property values observed earlier might decelerate for sellers, the interest from buyers desiring to settle in Bend continues vigorously. Amidst the quiet beauty of winter, this season permits both buyers and sellers to lean into the expertise of well-informed real estate professionals. These experts are crucial for navigating through the altered dynamics of Bend’s real estate market, offering valuable perspectives and guidance during this significant period of transition.
Bend by the Numbers
Inventory / Active
360
last month -> 385
AVG Days on Market
110
last month -> 60
AVG Sale Price to List Price
97%
last month -> 99%
Number of Homes Sold
106
last month -> 123
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Redmond, OR Housing Market
As we move into January 2025, the real estate scene in Redmond, Oregon continues to demonstrate resilience and solid growth, offering a secure environment for both buyers and sellers to engage in property transactions. Known for its affordability and close proximity to outdoor recreational activities, Redmond remains an appealing choice for those seeking a balance between cost-effectiveness and a high quality of life. The market in Redmond reveals signs of stability, with a modest increase in housing inventory expanding options for potential buyers and sustaining a competitive edge that keeps seller optimism high regarding the value of their properties.
In January 2025, those interested in purchasing a home in Redmond find a market characterized by a steady balance between supply and demand, fostering a methodical and in-depth approach to buying property. The diversity of housing options available allows buyers to investigate various neighborhoods and architectural styles to discover housing that aligns perfectly with their preferences and lifestyle needs. Simultaneously, sellers in Redmond can anticipate enduring interest from motivated buyers looking to integrate into this inclusive Central Oregon community. Collaborating with an experienced real estate professional, who is deeply familiar with the nuances of the Redmond market, equips both buyers and sellers with the critical insights needed to successfully navigate the real estate landscape and achieve their objectives for the year.
Redmond by the Numbers
Inventory / Active
136
last month -> 173
AVG Days on Market
72
last month -> 64
AVG Sale Price to List Price
99.5%
last month -> 99.6%
Number of Homes Sold
35
last month -> 66
March is Nearly Here!
As spring approaches, bringing with it a renewal of natural beauty, the real estate markets in both Bend and Redmond, located in the heart of Central Oregon, are brimming with continued momentum and fresh opportunities. Even though the change in market dynamics might be gradual with the warmer weather, the allure of both Bend and Redmond consistently holds strong. Bend captures the interests of many with its vibrant mix of outdoor adventures and rich cultural atmosphere, appealing to those in search of welcoming and accessible homes in this season of transformation. Similarly, Redmond stands out for its cost-effective housing solutions and close proximity to natural attractions, presenting itself as an enticing option for those aiming to find a harmonious balance between affordable quality living and the great outdoors as the cold months wane.
The seasonal shift from winter to spring introduces distinctive opportunities for buyers and sellers alike in Bend and Redmond as the calendar year unfolds. Sellers have the seasonal advantage to present their homes in a warm and welcoming manner, catering to buyers who are on the lookout for a cozy haven amidst the shifting climate. Conversely, buyers might find the market slightly less crowded, allowing them the space to thoughtfully weigh their options and secure a residence that meets their specifications just as the environment evolves. Collaborating with seasoned real estate experts knowledgeable about Bend and Redmond’s local markets is crucial for both buyers and sellers to make informed choices and tactfully maneuver through the changing market as winter transitions into spring.
With the advent of spring, the Bend and Redmond real estate sectors offer distinct advantages for those looking to engage in property dealings. Adapting to the seasonal shifts and being attuned to the current market trends allows individuals to optimize their position in these vibrant Central Oregon real estate scenes. Whether one is in pursuit of the perfect home to welcome the spring or aiming to accentuate the seasonal charm of their property for sale, the journey from winter to spring heralds a promising period for the real estate landscapes in Bend and Redmond.
