The Central Oregon real estate market continues to evolve, presenting both challenges and opportunities for buyers, sellers, and real estate professionals. The latest Beacon Report (March 2025) provides crucial data on pricing trends, inventory levels, and market velocity across key regions like Bend, Redmond, Sisters, and Sunriver.
At Cascade Hasson Sotheby’s International Realty, we pride ourselves on offering market expertise backed by data to empower informed real estate decisions. Whether you’re considering selling, investing, or buying in Central Oregon, understanding the numbers is essential. Let’s break down the most significant takeaways from this month’s report.
Bend: A Competitive Market with Tight Inventory
• Median Sales Price: $740,000
• Active Listings: 353 homes
• Number of Sales in the Last 12 Months: 1,593
• Months of Inventory: 3 months
Bend remains a sought-after destination, reflected in low inventory levels and steady median prices. Homes are selling quickly, with median days on market around 50 days, suggesting a competitive landscape for buyers.
Advice for Sellers:
If you’re considering selling, now is an opportune moment. With limited inventory, well-presented homes are moving fast, often receiving multiple offers.
Advice for Buyers:
Come prepared with a strong pre-approval and be ready to act quickly. Partnering with a real estate advisor from Cascade Hasson Sotheby’s International Realty ensures you’re guided through the competitive bidding process effectively.
SEARCH BEND PROPERTIES FOR SALE
UPDATED DAILY – BEND MARKET REPORT
Redmond: A More Affordable Alternative to Bend
• Median Sales Price: $530,000
• Active Listings: 109 homes
• Number of Sales in the Last 12 Months: 715
• Months of Inventory: 3 months
Redmond is proving to be a value-driven market with a strong volume of sales and slightly lower price points compared to Bend. While inventory is similarly tight, Redmond offers a mix of newer developments and established neighborhoods, making it an attractive choice for buyers seeking affordability with proximity to Bend.
Advice for Sellers:
Homes in Redmond are still in demand, but accurate pricing is key. The market here is price-sensitive, so working with a knowledgeable agent will ensure you attract the right buyers.
Advice for Buyers:
Redmond remains one of the best areas for first-time buyers and investors. If Bend feels out of reach, Redmond offers excellent value without sacrificing access to Central Oregon’s outdoor lifestyle.
SEARCH REDMOND PROPERTIES FOR SALE
REDMOND – UPDATED DAILY MARKET REPORT
Sunriver: A Vacation and Investment Market with Higher Price Points
• Median Sales Price: $841,000
• Active Listings: 26 homes
• Number of Sales in the Last 12 Months: 99
• Months of Inventory: 2 months
Sunriver’s shorter inventory supply and higher median prices highlight its status as a prime vacation home and investment market. Buyers are drawn to its resort-like amenities and short-term rental potential, keeping demand consistently high.
Advice for Sellers:
With only 2 months of inventory, sellers in Sunriver have an upper hand in negotiations. Proper pricing and high-end marketing can lead to quick sales and favorable terms.
Advice for Buyers:
For those considering a vacation home, be prepared to pay a premium. Competition is strong, and attractive properties move quickly. Having an experienced advisor to guide you is essential in securing the right investment.
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SUNRIVER – UPDATED DAILY MARKET REPORT
Sisters: A Boutique Market with Steady Growth
• Median Sales Price: $635,000
• Active Listings: 17 homes
• Number of Sales in the Last 12 Months: 119
• Months of Inventory: 3 months
Sisters is growing in popularity among buyers who appreciate its small-town charm and high quality of life. The market here remains competitive yet stable, making it a solid choice for both primary residences and vacation properties.
Advice for Sellers:
With inventory levels remaining low, well-marketed properties will likely sell swiftly. Strategic pricing is critical, especially in a market where buyers are discerning.
Advice for Buyers:
Sisters offers a highly desirable lifestyle, but with limited inventory, finding the right home requires patience and quick action. Partnering with a skilled real estate professional can give you an advantage.
SEARCH SISTERS PROPERTIES FOR SALE
SISTERS – UPDATED DAILY MARKET REPORT
What This Means for You
The Central Oregon real estate market is dynamic, with tight inventory driving demand in most regions. Whether you’re buying, selling, or investing, working with a brokerage that understands market trends is essential.
At Cascade Hasson Sotheby’s International Realty, we go beyond transactions—we provide expert guidance, cutting-edge marketing, and local market intelligence to help you make the best real estate decisions. If you’re considering a move, let’s connect and strategize your next step.
📩 Contact us today to discuss how we can help you achieve your real estate goals.
CascadeHasson.com
541.383.7600
Bend Old Mill Office
650 SW Bond Street, Suite 100
Bend | OR 97702 | Directions
Data sourced from the March 2025 Beacon Report. All statistics are subject to change based on market conditions.