A New Year Just Around the Corner

With only four business days left in 2025, and most people taking time off with family and friends, it is no surprise that real estate activity has slowed dramatically. Here in Sunriver, snow is falling this morning, and while we might be experiencing a very mild winter to date, there is no doubt the recent winter-like weather has put a damper on the housing market. However, as the data below shows, inventory levels remain strong, and I anticipate the market will begin to pick up steam shortly after the start of 2026.


Deschutes County $1M - $2M


Deschutes County single-family homes listed between $1 million and $1,999,999 decreased by 2, to 206 listings. Only three homes are pending this week, averaging $1,183,333, with one of those listings in Black Butte Ranch reducing the list price 24.8% before securing a contract. Eleven transactions closed this week, a nod to the increased activity of the last several weeks, averaging $1,541,890, with five reducing their asking price an average of 10.72%. The sold-to-original list-price ratio was 91.88%.


Deschutes County $2M - $3M


Listings between $2 million and $2,999,999 in Deschutes County increased by 2, bringing the total to 59. One property in Pronghorn (Juniper Reserve) is pending after 510 cumulative days on the market at $2,219,000. Interestingly, the seller never lowered the asking price during the nearly 2 years on the market, showing impressive perseverance. One transaction closed this week, listed only 21 days, and selling for $2,143,633, 95.27% of the list price. 


Deschutes County over $3M


The inventory of single-family homes in Deschutes County listed over $3 million decreased by one to 33. There were no pending or closed transactions in this segment this week. 


Brasada Ranch Listings


Crook County homes listed over $1 million remain at 44 for the third consecutive week, with no pending or closed transactions. 


Central Oregon Farm Listings


There are 11 farm listings over $1 million in both Deschutes and Crook Counties. Neither County had any pending or closed transactions this week. 


Ultimate Guide to Bend, Oregon


With just hours remaining in 2025, I thank all of you for following my reports. I hope 2026 is happy and prosperous for you, and I am glad to help in any way I can. Happy New Year!

Property Search Links

Active Inventory Market Trends

The Market Action Index charts below illustrate how areas in Central Oregon are performing in today's market. Every zip code, town, neighborhood, and price range has a unique dynamic, and the Market Trend Reports are a valuable resource in understanding how your community is performing. Please review these reports weekly to track trends or ask me to conduct a detailed analysis for a more comprehensive view of price activity. Once registered, you can use the search bar at the top of these reports for any city or zip code in the country! Select "segments" from the reports to view a price breakdown by quartile, which shows how different price points perform.

Active-Pending-Sold Market Reports

Enjoy Bend Life Listings

65140 78th Street, Bend. Situated North of Tumalo Road, this updated home on 2.57 acres offers privacy and convenient access to Bend and Redmond. Main floor primary suite with a walk-in closet, spacious bath with tile floors and shower, and stunning views. $965,000

657 S Fir Street, Sisters, Beautifully landscaped lot near the heart of downtown Sisters! Partial renovation with materials included to finish. Large living area and kitchen with a stone surface island. This peaceful lot and convenient location in Sisters is a must-see! NEW PRICE! $485,000

2523 NE Purcell, Bend, is a "better than new" townhouse with whole house AC, washer, dryer, and all appliances included. It is conveniently located near St. Charles Medical Center and East Bend shopping. NEW PRICE! $425,000.

Reed Melton

Oregon Principal Broker

License #201223040

(541) 408-6625

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expertise to work for you!

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