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.

Bend Oregon Housing Market Trends for October 2026

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 New Construction in Bend, Oregon? Look Beyond the Builder's Incentives

Mortgage rate buydowns, adjustable-rate loans, upgrades and independent representation: what Central Oregon buyers should know before signing a builder's contract.

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.

But a lower advertised mortgage rate does not necessarily mean you're getting the best overall deal.

Before purchasing a new-construction home, buyers should understand how builder incentives work, what can be...

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Bend Oregon Housing Market Trends for September 2026

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.

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Bend Premier Real Estate is proud to announce that Managing Principal Broker Natalka Palmer has been named the 2026 REALTOR® of the Year by the Cascades East Association of REALTORS®.

Presented to one member each year, the REALTOR® of the Year recognition honors outstanding service to the REALTOR® organization, the real estate profession and the community. Natalka's selection reflects the integrity, leadership and commitment she brings to real estate throughout Central Oregon.

Leadership That Strengthens Our Profession

Natalka's influence extends beyond individual transactions. She is committed to upholding high professional standards, strengthening the real estate community and helping brokers navigate their responsibilities with knowledge and sound judgment.

As Managing Principal Broker of Bend Premier Real Estate, Natalka provides the company's brokers with exper...

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