Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $285,000 in January, down 8% from January 2007. 125 sold, 92 fewer than January 2007. Bend: 80 sales at a median of $311,739 (−5% from a year earlier), and the typical home went under contract in 92 days. Redmond: 22 sales at a median of $199,450, and the typical home went under contract in 86 days.
The median home sold for $285,000 in January 2008, against a range of $215,250 to $340,000 since February 2005.
Jan 2008: Median sale price $285,000
In 2008 supply passed 4 months in January; in 2007, from January to December.
Jan 2008: 11.9 months, a buyer's market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, January 2008 · the charts are the 36 months to January 2008 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Central Oregon at a glance
Central Oregon, Bend and Redmond are read by month. The smaller towns sell fewer homes, so they are read over the last three months, which gives each median enough sales to stand on.
Press and hold a market to see its last 12 months.
A dash means too few sales to publish. A median needs 10 sales, and days to pending needs 10 sales with a pending date; a change from a year ago needs 30 sales in each year; a market call needs 30 sales in the last six months. 4 months of supply or less is a seller's market, above 4 and under 6 is balanced, 6 or more is a buyer's market. Months of supply is homes for sale at month end divided by the average monthly sales of the last six months.
Oregon Data Share MLS data; Ryan Realty analysis, single-family homes on less than one acre, except Terrebonne, Culver, Powell Butte and Camp Sherman (any lot size) · January 2008 edition, MLS records as of Sep 24, 2026
Bend and Redmond · January 2008
The median single-family home on less than an acre in Bend sold for $311,739 in January, down 5% from January 2007. 80 sold, 60 fewer than January 2007. Homes that sold went under contract in a median of 92 days. At the end of January, 1,187 were for sale against 651 sales over the past six months: 10.9 months of supply, a buyer's market by our measure (6 months or more is a buyer's market).
The median home sold for $311,739 in January 2008, against a range of $234,620 to $385,000 since February 2005.
Jan 2008: Median sale price $311,739
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, January 2008 · the charts are the 36 months to January 2008 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Bend and Redmond · January 2008
The median single-family home on less than an acre in Redmond sold for $199,450 in January. 22 sold. Homes that sold went under contract in a median of 86 days. At the end of January, 456 were for sale against 195 sales over the past six months: 14.0 months of supply, a buyer's market by our measure (6 months or more is a buyer's market).
The median home sold for $199,450 in January 2008, against a range of $169,943 to $284,900 since February 2005.
Jan 2008: Median sale price $199,450
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, January 2008 · the charts are the 36 months to January 2008 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Oregon Data Share MLS data; Ryan Realty analysis. This edition counts closed sales and listings recorded through Sep 24, 2026, and it is kept as published.
A dash means too few sales to publish. A median needs 10 sales, and days to pending needs 10 sales with a pending date; a change from a year ago needs 30 sales in each year; a market call needs 30 sales in the last six months. When a market falls short, the report prints a dash instead of an estimate.
4 months of supply or less is a seller's market, above 4 and under 6 is balanced, 6 or more is a buyer's market. Months of supply is homes for sale at month end divided by the average monthly sales of the last six months.
