REDMOND, Ore. -- The Central Oregon real estate market is mixed — not uniformly slowing, a monthly report out Monday showed.

"Bend’s prices are lower, but year-to-date sales and selling speed are stronger than last year," Beacon Appraisal Group Donnie Montagner said. "Redmond shows clearer softening: fewer sales, longer marketing times, and more inventory."

A Beacon Report table comparing October 2026 real estate market metrics between the cities of Bend and Redmond
Beacon Report

• Bend: softer pricing, but activity has held up overall. October’s median price was unchanged from September. Despite the weaker October sales count, year-to-date sales remain ahead of 2025, and homes sold faster than a year earlier.

• Redmond: buyers have more room to negotiate. Reported inventory rose to 3.5 months from 2.0 a year earlier, alongside longer marketing times and lower sales—even though median pricing remained relatively stable.

• Supply varies by price bracket. Redmond’s $550,000–$600,000 segment has approximately 6.6 months of supply, versus 3.5 overall. Bend’s $1.2 million-and-up brackets range from roughly 4.0–4.6 months.

Supply is current listings divided by average monthly sales over the preceding 12 months. Monthly and quarterly results cover different periods, and median-price changes can reflect the mix of homes sold—not just changes in property values.

The link for the most recent report is below.

Link to Beacon Report.