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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Bend Premier Real Estate Named Best Real Estate Company in Central Oregon for 2026

We are proud to announce that Bend Premier Real Estate has been voted the Best Real Estate Company in Central Oregon for 2026.

For our locally owned, independent real estate brokerage, this recognition means a great deal. Bend Premier Real Estate was built in Central Oregon, and our focus has always been on providing exceptional service to the people who live here, those moving here, and the real estate brokers who have chosen to build their businesses with us.

Being recognized as the Best Real Estate Company in Central Oregon is something we share with our entire team — our brokers, our staff, our clients and the community that has supported Bend Premier Real Estate over the years.

A Locally Owned Central Oregon Real Estate Company...

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Why Simplicity Is Becoming More Valuable in Luxury Homes

Luxury has always evolved. What buyers considered luxurious twenty years ago is often very different from what attracts attention today. Trends change, design preferences shift, and lifestyles evolve. Yet one of the most noticeable changes in today's luxury market is not a new feature or architectural style. It is simplicity. Increasingly, luxury buyers are gravitating toward homes that feel calm, intentional, and effortless rather than overly complicated or designed to impress at every turn. In Bend and throughout many luxury markets, buyers are placing greater value on livability, quality, and authenticity than on excess. Th...

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What's in The June 2026 Bend Premier Newsletter?

• Buyer Activity Surges as Bend Prices continue Modest Growth
• Grills Peach and Burrata Salad
• How to Maintain Decks and patios for Long-Term Use
• Take the Paula Lake Loop for Volcanoes and Hot Springs
• Surprising Gape Between Seller Expectations and Reality

Buyer Activity Surges as Bend Home Prices Continue Modest Growth

The Bend real estate market continued to strengthen in May 2026, with higher home prices, more closed sales, and a significant increase in pending sales compared to one year ago. While affordability remains a challenge for many buyers, the market has shown resilience. Demand remains healthy, inventory is still below last year's levels, and properly priced homes are attracting attention quickly. The strongest signal from May's numbers may be the surge in pending sales, suggesting buyer confidence remains intact heading into the summer market.

Quick Market Snapshot – May 2026

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