Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $282,475 in February, down 9% from February 2007. 122 sold, 119 fewer than February 2007. Bend: 60 sales at a median of $319,450 (−8% from a year earlier), and the typical home went under contract in 96 days. Redmond: 28 sales at a median of $224,450, and the typical home went under contract in 90 days.
The median home sold for $282,475 in February 2008, against a range of $215,714 to $340,000 since March 2005.
Feb 2008: Median sale price $282,475
In 2008 supply passed 4 months from January to February; in 2007, from January to December.
Feb 2008: 14.0 months, a buyer's market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, February 2008 · the charts are the 36 months to February 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) · February 2008 edition, MLS records as of Sep 24, 2026
Bend and Redmond · February 2008
The median single-family home on less than an acre in Bend sold for $319,450 in February, down 8% from February 2007. 60 sold, 74 fewer than February 2007. Homes that sold went under contract in a median of 96 days. At the end of February, 1,201 were for sale against 560 sales over the past six months: 12.9 months of supply, a buyer's market by our measure (6 months or more is a buyer's market).
The median home sold for $319,450 in February 2008, against a range of $239,500 to $385,000 since March 2005.
Feb 2008: Median sale price $319,450
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, February 2008 · the charts are the 36 months to February 2008 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Bend and Redmond · February 2008
The median single-family home on less than an acre in Redmond sold for $224,450 in February. 28 sold. Homes that sold went under contract in a median of 90 days. At the end of February, 491 were for sale against 178 sales over the past six months: 16.6 months of supply, a buyer's market by our measure (6 months or more is a buyer's market).
The median home sold for $224,450 in February 2008, against a range of $169,943 to $284,900 since March 2005.
Feb 2008: Median sale price $224,450
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, February 2008 · the charts are the 36 months to February 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.
