Discovery West Phase 5
Discovery West Phase 5 Bend Oregon Homes for Sale
Discovery West Phase 5 is a residential subdivision in Bend’s west side, newer construction phase between NW Crossing and Tetherow. As of May 2026: 7 active SFR listings and 9 closings in the last 6 months. Median sold price $1,975,000. Months of supply 4.7 (balanced market). Median list price ($1,850,000) is below the recent sold median, which sometimes signals tighter inventory at the top end.
Discovery West Phase 5 Snapshot (May 2026)
| Metric | Value |
|---|---|
| Active SFR listings | **7** |
| Sold in last 6 months | **9** |
| Median list price (active) | **$1,850,000** |
| Median sold price | **$1,975,000** |
| Median sale-to-list ratio | **93.8%** |
| Median time to pending | **29 days** |
| Median price per sqft | **$747** |
| Median home size | **2,736 sqft** |
| Median bedrooms | **3** |
| Median year built | **2024** |
| Months of supply | **4.7** (balanced market) |
What Discovery West Phase 5 Buyers Should Know
With 4.7 months of supply, Discovery West Phase 5 is a balanced market. Neither side holds a structural advantage. Median time to pending is 29 days. The 93.8% sale-to-list ratio means most sellers take a small concession off original list.
What Discovery West Phase 5 Sellers Should Know
For sellers in Discovery West Phase 5: pricing right on day one matters more than ever in this market. The median sale-to-list ratio of 93.8% on a $1,975,000 home means a typical seller takes a 6.200000000000003% concession off original list. Overpricing tends to add 30+ days to time-on-market without lifting final close price. A real CMA based on subdivision-specific comps usually moves the listing decision more than any other input.
Comparable Subdivisions
Subdivisions trading in a similar price band:
- Pronghorn — $1,998,800 median, 16 active
- Tumalo Heights — $1,910,000 median, 1 active
- Caldera Springs — $1,863,000 median, 26 active
- Arrowood Eight — $1,800,000 median, 2 active
Browse Current Listings
See all current Bend MLS-direct listings →
Get a Free CMA
Selling a home in Discovery West Phase 5? Matt Ryan provides free written CMAs in 24 hours. Real comps from your subdivision, real adjustments for your specific home, no obligation. Request a free CMA →
Work with Matt Ryan
Matt Ryan is a licensed Oregon Principal Broker (license #201206613), owner of Ryan Realty LLC, with 12 years of Central Oregon real estate experience. Office: 115 NW Oregon Avenue, Bend OR 97703. Call 541-213-6706.