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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
| Median sale price | |
|---|---|
| Sep 2005 | $256,473 |
| Oct 2005 | $264,975 |
| Nov 2005 | $268,530 |
| Dec 2005 | $276,000 |
| Jan 2006 | $265,000 |
| Feb 2006 | $278,750 |
| Mar 2006 | $297,000 |
| Apr 2006 | $293,000 |
| May 2006 | $314,900 |
| Jun 2006 | $335,000 |
| Jul 2006 | $319,900 |
| Aug 2006 | $327,950 |
| Sep 2006 | $325,000 |
| Oct 2006 | $311,000 |
| Nov 2006 | $315,000 |
| Dec 2006 | $307,000 |
| Jan 2007 | $310,000 |
| Feb 2007 | $310,000 |
| Mar 2007 | $330,000 |
| Apr 2007 | $317,663 |
| May 2007 | $330,359 |
| Jun 2007 | $299,990 |
| Jul 2007 | $317,500 |
| Aug 2007 | $340,000 |
| Sep 2007 | $308,000 |
| Oct 2007 | $312,000 |
| Nov 2007 | $300,000 |
| Dec 2007 | $309,000 |
| Jan 2008 | $285,000 |
| Feb 2008 | $282,475 |
| Mar 2008 | $275,000 |
| Apr 2008 | $257,750 |
| May 2008 | $282,000 |
| Jun 2008 | $299,628 |
| Jul 2008 | $262,500 |
| Aug 2008 | $245,000 |
In 2008 supply passed 4 months from January to August; in 2007, from January to December.
Aug 2008: 14.9 months
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 30, 2026 · updated Sep 30, 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. A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. 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 30, 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, 1,469 were for sale against 653 sales over the past six months: 13.5 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
| Median sale price | |
|---|---|
| Sep 2005 | $287,500 |
| Oct 2005 | $295,000 |
| Nov 2005 | $303,639 |
| Dec 2005 | $309,950 |
| Jan 2006 | $304,000 |
| Feb 2006 | $343,778 |
| Mar 2006 | $325,872 |
| Apr 2006 | $330,000 |
| May 2006 | $342,000 |
| Jun 2006 | $365,695 |
| Jul 2006 | $350,000 |
| Aug 2006 | $374,950 |
| Sep 2006 | $375,000 |
| Oct 2006 | $355,793 |
| Nov 2006 | $354,148 |
| Dec 2006 | $346,438 |
| Jan 2007 | $327,600 |
| Feb 2007 | $349,000 |
| Mar 2007 | $357,630 |
| Apr 2007 | $360,500 |
| May 2007 | $385,000 |
| Jun 2007 | $329,250 |
| Jul 2007 | $337,000 |
| Aug 2007 | $350,000 |
| Sep 2007 | $325,975 |
| Oct 2007 | $320,000 |
| Nov 2007 | $337,000 |
| Dec 2007 | $335,000 |
| Jan 2008 | $311,739 |
| Feb 2008 | $319,450 |
| Mar 2008 | $300,000 |
| Apr 2008 | $270,000 |
| May 2008 | $306,000 |
| Jun 2008 | $316,250 |
| Jul 2008 | $289,900 |
| Aug 2008 |
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 30, 2026 · updated Sep 30, 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, 537 were for sale against 236 sales over the past six months: 13.7 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
| Median sale price | |
|---|---|
| Sep 2005 | $215,000 |
| Oct 2005 | $216,175 |
| Nov 2005 | $229,925 |
| Dec 2005 | $232,025 |
| Jan 2006 | $223,298 |
| Feb 2006 | $236,750 |
| Mar 2006 | $259,475 |
| Apr 2006 | $257,650 |
| May 2006 | $275,000 |
| Jun 2006 | $283,250 |
| Jul 2006 | $255,982 |
| Aug 2006 | $268,568 |
| Sep 2006 | $274,950 |
| Oct 2006 | $264,950 |
| Nov 2006 | $284,900 |
| Dec 2006 | $273,500 |
| Jan 2007 | $249,900 |
| Feb 2007 | $260,000 |
| Mar 2007 | $263,000 |
| Apr 2007 | $256,000 |
| May 2007 | $256,750 |
| Jun 2007 | $249,900 |
| Jul 2007 | $255,000 |
| Aug 2007 | $249,990 |
| Sep 2007 | $237,000 |
| Oct 2007 | $279,975 |
| Nov 2007 | $221,000 |
| Dec 2007 | $223,400 |
| Jan 2008 | $199,450 |
| Feb 2008 | $224,450 |
| Mar 2008 | $225,000 |
| Apr 2008 | $221,000 |
| May 2008 | $249,293 |
| Jun 2008 | $223,000 |
| Jul 2008 | $215,000 |
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 30, 2026 · updated Sep 30, 2026
Oregon Data Share MLS data; Ryan Realty analysis. This edition counts closed sales and listings recorded through Sep 30, 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.
A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. Months of supply is homes for sale at month end divided by the average monthly sales of the last six months.
| $280,883 |
| Aug 2008 |
|---|
| $222,008 |
