Thinking about relocating to Bend or Central Oregon in the next 6 to 12 months? Stay updated on the local real estate market with our December 2023 market update video. Join Ryan, a Bend resident of over 30 years, and Zach, his business partner, as they dive into the current state of the market, offering valuable insights and analysis.

In the video, Ryan discusses key indicators such as median home prices, sales volume, and days on market for both Bend and Redmond. Despite a slight dip in median home prices, the market has remained relatively stable over the past six months, with Bend's median price hovering around $730,000. However, sales volume has decreased by almost 40% compared to the peak in 2021, suggesting a shift in buyer activity amid rising interest rates.

As Ryan and Zach navigate through the data, they highlight the seasonality of the real estate market and its impact on inventory levels and days on market. With the holiday season approaching, many potential buyers may choose to wait until the new year, potentially affecting market dynamics. Whether you're considering buying or selling, understanding these trends can help you make informed decisions about your real estate goals in Bend and Central Oregon.

Get in touch:

Zach Nutter 541-390-1695

Ryan Rudloff 541-350-3993

Licensed Brokers In Oregon

eXp Realty LLC

Equal Housing Opportunity