Central Oregon Real Estate Trends
February 2025
As March marched in, bringing a gradual thaw to the snow-capped landscapes of Central Oregon, we take a detailed glance at the real estate trends shaping up in the scenic cities of Bend and Redmond, Oregon. These locales continue to articulate the dynamic nature of the housing market, exhibiting a robust performance as the 2025 season gains momentum. With their breathtaking natural vistas and flourishing community spirit, Bend and Redmond remain perennial favorites amongst homebuyers and investors.
Despite facing the challenges of an uncertain economy, the Central Oregon real estate market has shown impressive resilience. Throughout the early part of the year, housing activity in Bend has notably increased. The market in both cities has adeptly adapted, reflecting an impressive degree of flexibility in terms of pricing, inventory levels, and the pace of sales. These changes have been in sync with shifting consumer preferences and broader economic transformations.
This period of transition has been defined by a confluence of classic and contemporary influences on real estate. The region’s development trajectory is being recalibrated to address immediate needs while maintaining a forward-looking approach that embraces sustainability and integrates technological advancements. As we step deeper into March, the market’s vibrant activity is a promising indicator for the rest of the year in Central Oregon’s distinguished real estate sector.
The performance of the market in Bend and Redmond so far has been a tale of resilience and adaptability. Prices, inventory, and sales velocity have responded with elasticity to the change in consumer behavior and broader economic shifts. It has been a period of adjustment, where the traditional drivers of real estate have intersected with new-age demands, spurring a form of development that is both reactive to immediate needs and proactive towards sustainability and technology integration.
Bend, OR Housing Market
As March 2025 came to a close, witnessing Bend, Oregon’s housing market further mature, it remains a testament to the unwavering demand ensuring its strength. Following the vivacious and often overheated summer months characterized by exceptional growth, there is a noteworthy shift. The market is gravitating toward a state more reflective of balance, marked by a burgeoning variety of properties on offer. This abundance affords hopeful buyers a greater diversity of choices, setting the stage for a calmer and more thoughtful process in finding their perfect residence amid the stunning backdrop of Bend’s natural environment and vibrant community life. While the frenetic pace of the peak season subsides, the allure of Bend’s lifestyle continues to pull a strong, steady stream of buyer interest.
With the transition from March 2025, the Bend housing market may be less tumultuous than the buoyant summer, but buyer demand consistently underscores the market’s resilience. As price acceleration cools, it presents a more sustainable environment for transactions. Buyers remain eager to put down roots in Bend’s charismatic locale, even as winter casts a tranquil veil over the area. In this season of reflection and adjustment, both buyers and sellers have the opportunity to engage more deeply with seasoned real estate professionals. These experts become invaluable allies, offering insights and advice tailored to the current market phase, ensuring that despite the seasonal changes, the enduring demand in Bend’s housing market is capably met with knowledge and finesse. 
Bend by the Numbers
Inventory / Active
455
last month -> 392
AVG Days on Market
52
last month -> 62
AVG Sale Price to List Price
98%
last month -> 99%
Number of Homes Sold
124
last month -> 96
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Redmond, OR Housing Market
As spring progresses, the real estate market in Redmond, Oregon, continues to demonstrate its durability and consistent growth, presenting a favorable backdrop for property transactions. Known for its affordability coupled with its proximity to a plethora of recreational outdoor activities, Redmond remains a magnet for individuals and families seeking a high-quality, yet cost-effective, living experience. The market in Redmond is marked by a sustained stability, with listings showing a slight uptick—this variation expands options for home seekers without detracting from the competitive edge, bolstering seller confidence in the value of their property investments.
With the advancement into April 2025, those with aspirations to purchase in Redmond are greeted by a market that reflects a healthy balance between supply and demand. This equitable state of affairs encourages a comprehensive and judicious approach to buying property. The diversity of housing options invites potential buyers to delve into various neighborhoods and architectural styles, aiding them in discovering a dwelling that aligns seamlessly with their tastes and familial necessities. Simultaneously, sellers in Redmond stand to gain from the unwavering interest of buyers looking to integrate into this lively Central Oregon community. Teaming up with a knowledgeable real estate professional, deeply familiar with Redmond’s market nuances, furnishes both buyers and sellers with critical market intelligence. This partnership facilitates a smooth navigation of the real estate market, enabling them to successfully achieve their residential goals for the year.
Redmond by the Numbers
Inventory / Active
170
last month -> 150
AVG Days on Market
81
last month -> 68
AVG Sale Price to List Price
99.6%
last month -> 98.5%
Number of Homes Sold
47
last month -> 52
From Spring to Summer, Here We Go!
With the arrival of longer days and the rejuvenation of nature, the real estate markets in Bend and Redmond, situated in the lively Central Oregon region, blossom with sustained growth and fresh opportunities. As we move from spring into the inviting warmth of summer, subtle changes in market trends emerge, yet the allure of Bend and Redmond continues to stand strong. Bend’s vibrant mix of outdoor activities and a thriving cultural scene draws those in search of an active and engaged community during this season of growth and renewal. Similarly, Redmond captures the attention of homebuyers with its competitively priced housing options and easy access to the great outdoors, offering a balance between affordability and the pursuit of adventure as we transition from the coolness of spring to the sunny days of summer.
The shift from spring to summer heralds distinct opportunities for buyers and sellers in both Bend and Redmond to prosper with the advancing year. For sellers, the inviting climate and longer days are perfect for highlighting their homes, utilizing the season’s natural appeal to captivate buyers searching for a fresh start in a time of vibrant change. Conversely, buyers might see a slightly more relaxed market, affording them the space to thoughtfully weigh their options and decide on a property that truly matches their aspirations amidst the lively spirit of the season. Partnering with experienced real estate professionals with in-depth knowledge of the Bend and Redmond markets is crucial for participants on both sides to steer through the changing market with clarity and to make savvy decisions as the final echoes of spring lead into the heart of summer.
As spring shifts to summer, the property market in Bend and Redmond offers tailored advantages for both buyers and sellers keen on making their move. By syncing with the seasonal pace and staying informed on the most recent market trends, individuals stand poised to optimize their opportunities in these dynamic Central Oregon real estate venues. Whether one is set on locating the perfect home in the fresh bloom of spring or wishes to emphasize the seasonal charm of their property during the energetic summer market, this transition is a time brimming with promise and potential in the real estate sectors of Bend and Redmond.
