The May 2025 snapshot of Redmond’s single-family residential market. All figures pulled directly from the MLS via Ryan Realty’s market statistics cache, verified by Matt Ryan, licensed Oregon Principal Broker (license #201206613). Single-family residences only (PropertyType=A). Charts below show the trailing 5 years of monthly data — hover over any chart to read the exact value for that month.
At a glance
| Metric | Value | YoY change |
|---|---|---|
| Homes sold | 59 | -9.2% |
| End-of-month inventory | 139 | -3.5% |
| Months of supply | 2.36 | — |
| Median sold price | $505K | -6.3% |
| Average sold price | $537K | — |
| Total monthly $ volume | $31.7M | — |
| Median days on market | 14 days | +3.0 days |
| Sale-to-list ratio | 99.0% | — |
| Median price per sqft | $310 | +2.6% |
| Cash purchase share | 22.0% | — |
| Median concessions | $10K | — |
| Affordability monthly PITI | $3K | — |
| Market health score | 62.5 / 100 (Hot) | — |
What the data is telling us
Months of supply at 2.36 classified Redmond as a seller’s market for May 2025. A seller’s market — listings moved quickly with minimal concessions. The standard MoS thresholds: ≤4 = seller’s, 4-6 = balanced, ≥6 = buyer’s.
At 14 median days on market, well-priced Redmond homes moved fast.
Sale-to-list ratio at 99.0%. A home listed at $700,000 in May 2025 typically closed around $692,970.
Year-over-year median sold was down 6.3%, continuing the broader Central Oregon cooldown.
Month-over-month median price change: -7.6%. Declining from the prior month.
5-year trend charts
Trailing 60 months of Redmond single-family monthly cache data ending at May 2025. Hover over any chart to see the exact value for any month.
What this meant for buyers
Buyers in Redmond during May 2025 faced a seller’s market. Pre-approval and decisive offers were essential — well-priced homes pended fast.
For buyers shopping Redmond now, get MLS-direct listing alerts — you see new listings 24-48 hours before Zillow.
What this meant for sellers
Sellers in Redmond during May 2025 should have priced tight to comparable sales. The 99.0% sale-to-list ratio meant overpricing on day one led to longer time-on-market and weaker final close prices.
For sellers wanting a real read on their specific home, get a free CMA in 24 hours.
How Redmond compared across Central Oregon — May 2025
| City | Median Sold | Sold Count | Months of Supply | Sale-to-list |
|---|---|---|---|---|
| Bend | $770K | 135 | 3.72 | 97.2% |
| Redmond | $505K | 59 | 2.36 | 99.0% |
| Sisters | $798K | 5 | 5.80 | 98.1% |
| La Pine | $365K | 20 | 5.80 | 97.9% |
Get a custom read on your Redmond home
If you want a market read on your specific Redmond home, request a free CMA from a licensed Oregon principal broker. Real comps from your subdivision, real adjustments for your specific property. Free, 24 hours.
Browse Redmond listings → Live Bend Oregon market stats →
About Matt Ryan
Matt Ryan is a licensed Oregon Principal Broker (license #201206613), owner of Ryan Realty LLC, with 12 years of Central Oregon real estate experience. Office: 115 NW Oregon Avenue, Bend OR 97703. Call 541-213-6706.
Methodology & data sources
All figures on this page come from Ryan Realty’s market_stats_cache table, derived from the COAR/MLSCO MLS feed for Central Oregon and refreshed daily. Scope: SFR-only (PropertyType=A, Single Family Residence).
- Geographic scope: City = “Redmond”, Property Type = A (Single-family residence). Excludes condos, townhomes, manufactured homes, and land.
- Reporting period: 2025-05-01 to 2025-05-31 (one calendar month).
- Sold count: Count of listings with CloseDate in the reporting period.
- End-of-month inventory: Count of listings active at end of period (reconstructed from OnMarketDate, pending_timestamp, off_market_date, CloseDate).
- Months of supply: end_of_period_inventory ÷ monthly sold_count.
- Median DOM: Median list-to-pending days for closings in the period.
- Sale-to-list ratio: Average of (close price ÷ original list price) across closings.
- YoY metrics: Comparison vs same calendar month one year prior.
- Market health score: Composite indicator from 0-100 derived from sold velocity, days on market, sale-to-list ratio, and inventory dynamics.
- Charts: Trailing 60 months (5 years) of monthly cache data ending at the report month. Charts rendered with Chart.js v4; hover over any chart to read the exact value at any month.