Monthly market report
The median single-family home on less than an acre in Central Oregon sold for $232,426 in October, down 26% from October 2007. 192 sold, 5 fewer than October 2007. Bend: 116 sales at a median of $277,500 (−13% from a year earlier), and the typical home went under contract in 79 days. Redmond: 39 sales at a median of $180,000 (−36% from a year earlier), and the typical home went under contract in 50 days.
The median home sold for $232,426 in October 2008, against a range of $232,426 to $340,000 since November 2005.
Oct 2008: Median sale price $232,426
In 2008 supply passed 4 months from January to October; in 2007, from January to December.
Oct 2008: 12.5 months, a buyer's market
Oregon Data Share MLS data; Ryan Realty analysis, Central Oregon single-family homes on less than one acre, October 2008 · the charts are the 36 months to October 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) · October 2008 edition, MLS records as of Sep 24, 2026
Bend and Redmond · October 2008
The median single-family home on less than an acre in Bend sold for $277,500 in October, down 13% from October 2007. 116 sold, 1 more than October 2007. Homes that sold went under contract in a median of 79 days. At the end of October, 1,303 were for sale against 697 sales over the past six months: 11.2 months of supply, a buyer's market by our measure (6 months or more is a buyer's market).
The median home sold for $277,500 in October 2008, against a range of $270,000 to $385,000 since November 2005.
Oct 2008: Median sale price $277,500
Oregon Data Share MLS data; Ryan Realty analysis, Bend single-family homes on less than one acre, October 2008 · the charts are the 36 months to October 2008 as this edition stored them · MLS records as of Sep 24, 2026 · updated Sep 24, 2026
Bend and Redmond · October 2008
The median single-family home on less than an acre in Redmond sold for $180,000 in October, down 36% from October 2007. 39 sold, 9 more than October 2007. Homes that sold went under contract in a median of 50 days. At the end of October, 489 were for sale against 230 sales over the past six months: 12.8 months of supply, a buyer's market by our measure (6 months or more is a buyer's market).
The median home sold for $180,000 in October 2008, against a range of $180,000 to $284,900 since November 2005.
Oct 2008: Median sale price $180,000
Oregon Data Share MLS data; Ryan Realty analysis, Redmond single-family homes on less than one acre, October 2008 · the charts are the 36 months to October 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.
