Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $245,000 in August, down 28% from August 2007. 180 sold, 82 fewer than August 2007. Bend: 104 sales at a median of $280,883 (−20% from a year earlier), and the typical home went under contract in 43 days. Redmond: 32 sales at a median of $222,008 (−11% from a year earlier), and the typical home went under contract in 70 days.
The median home sold for $245,000 in August 2008, against a range of $245,000 to $340,000 since September 2005.
Aug 2008: Median sale price $245,000
In 2008 supply passed 4 months from January to August; in 2007, from January to December.
Aug 2008: 15.3 months, a buyer's market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, August 2008 · the charts are the 36 months to August 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) · August 2008 edition, MLS records as of Sep 24, 2026
Bend and Redmond · August 2008
The median single-family home on less than an acre in Bend sold for $280,883 in August, down 20% from August 2007. 104 sold, 47 fewer than August 2007. Homes that sold went under contract in a median of 43 days. At the end of August, 1,521 were for sale against 653 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 $280,883 in August 2008, against a range of $270,000 to $385,000 since September 2005.
Aug 2008: Median sale price $280,883
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, August 2008 · the charts are the 36 months to August 2008 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Bend and Redmond · August 2008
The median single-family home on less than an acre in Redmond sold for $222,008 in August, down 11% from August 2007. 32 sold, 13 fewer than August 2007. Homes that sold went under contract in a median of 70 days. At the end of August, 554 were for sale against 236 sales over the past six months: 14.1 months of supply, a buyer's market by our measure (6 months or more is a buyer's market).
The median home sold for $222,008 in August 2008, against a range of $199,450 to $284,900 since September 2005.
Aug 2008: Median sale price $222,008
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, August 2008 · the charts are the 36 months to August 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.
