First snow in the Cascades and the first holiday markets of the season set the scene for the November ADVISOR from Bend Premier Real Estate.
This month, we look at why October's slower sales tell more about the Bend housing market than the median price alone. Closed sales fell 16.8% from a year earlier, while the median sale price for Bend single-family homes on less than an acre fell 3.6% to $732,500. We also look at what seller concessions can mean for buyers and sellers.
Inside, you'll find a neighborhood spotlight on The Bridges at Shadow Glen in southeast Bend, a fall hike through Moraine Lake and Wickiup Plains, a checklist for the next freeze, and a recipe for maple-roasted Brussels sprouts. Our November events page rounds up local holiday markets, Sunriver's Grand Illumination, and Thanksgiving morning runs and walks in Bend and Redmond.
Flip through the full November ADVISOR below.
The Bend housing market slowed further in October 2026 as mortgage rates averaging approximately 7.3% reduced buyer purchasing power and kept many financed buyers on the sidelines.
The median sales price declined 3.6%, closed sales fell 16.8%, and pending sales dropped 17.4% compared with October 2025. At the same time, cash purchases increased sharply and represented nearly 40% of completed sales.
These numbers do not indicate a housing crash or an oversupply of Bend homes. They show a market constrained by affordability, with fewer buyers able or willing to purchase at today's combination of home prices and borrowing costs.
For current statistics, previous monthly reports and a broader explanation of local conditions, visit our Bend Oregon Real Estat...
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Buying a newly constructed home in Bend or elsewhere in Central Oregon can be appealing. Modern floor plans, energy-efficient features, attractive finishes and the opportunity to move into a home that has never been occupied are compelling advantages. And in today's housing market, builders may offer another incentive: financing packages designed to make the monthly payment more attractive.
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When people imagine living in Bend, Oregon, they often picture mountain views, miles of trails, championship golf, vibrant local restaurants, and easy access to year-round recreation. Nowhere is that lifestyle more evident than on Bend's coveted northwest side. Home to some of the city's most established and desirable neighborhoods, Northwest Bend offers a unique blend of luxury, convenience, outdoor adventure, and community.
From the gated fairways of Awbrey Glen to the elevated vistas of Awbrey Butte and the welcoming neighborhoods of Awbrey Village and Awbrey Woods, these five exceptional homes showcase the diverse opportunities available in one of Central Oregon's most sought-after locations.
The Bend housing market weakened in September 2026 as rising mortgage rates reduced buyer purchasing power and pushed more prospective purchasers to the sidelines. Although the median sales price remained nearly unchanged from last year, closed sales declined 16%, pending sales fell more than 21%, and the number of listings withdrawn, canceled or allowed to expire increased 65%.
Those figures tell a more complete story than the median price alone. Bend is not experiencing a flood of inventory or distressed sales, but buyers have become considerably more cautious. Homes that are not priced correctly are receiving fewer showings, undergoing substantial price reductions or leaving the market without selling.