ALIGNMENT • WINS
OCTOBER 2025 ➡️ BEND AND CENTRAL OREGON REAL ESTATE MARKET
Is it a good time to make a move?
What is the market like right now?
Now that I'm a Full-Time REALTOR® in Bend, people ask me these two questions a lot. They are genuinely curious, and I appreciate them asking. In addition to recommending that people get aligned with a smart, hard-working, emotionally intelligent REALTOR®, here is what I’m thinking when they ask the above questions…Always best to look at the data, and balance data with your goals and dreams. Where I go for good real estate data: The Beacon Report.
Beacon Report for October 2025 is telling us there is a steady, balanced real estate market in Bend and Central Oregon, creating good opportunities for both buyers and sellers.
Current Market Snapshot
Median price for Bend single-family homes is $725,000
Inventory stands at 4 months, with 560 homes on the market and 1,693 sold in the last year, 180 homes sold last month. This is the most homes sold year over year in September in the past four years.
Median sales price per sq. ft. is $359, and median days-on-market is 39. Inside our office, we’ve been having a conversation around sales price per sq. ft. Is this a good metric for determining sales price or determining a good deal? That’s debatable. Here is a link to a great article written on price per square foot by a colleague of mine. Jenn Redd from Hiatus Homes and Varsity Real Estate. Specifically, why cost per square foot doesn’t matter in small home building - click here for article
For Interested Buyers:
First-time buyers will find more choices and less competition, thanks to improved inventory and gradual, stable pricing; we’re not seeing the rapid jumps of past years. Homes are selling at a moderate pace, so you have time for proper due diligence, and you can negotiate with greater confidence, knowing the data supports realistic offers. The five buyers I’ve written offers for this year have all been 1-3%+ below the list price.
For Curious Sellers:
Price stabilization means your home’s value is less likely to suddenly drop, and motivated buyers remain in the market. Average time to sell is about a month, so you should still expect solid demand, especially for well-priced, move-in-ready properties. My last transaction was an all-cash buyer at $1.0M for a home I had listed for sale on the North side of Awbrey Butte.
For Honest Skeptics:
If you’re cautious about market timing and curious, I’d encourage you to take a look at the Beacon Report. The numbers support a view that neither buyers nor sellers have an overwhelming advantage right now; prices and activity reflect a balanced marketplace. What I’m saying here is this: your needs, not hype, should drive your buying and selling decisions, and by reviewing current data alongside actual market trends in Central Oregon, I know you’ll make a move when it’s right for you. No sooner, and no later.
From Me…A Thoughtful Realtor:
Back to the question people are asking me: “Is now a good time to buy or sell?”
My answer, “Depends on your specific plans/goals.”
I genuinely love digging into the data, comparing your goals against current inventory, pricing, and activity, and customizing your strategy. For me and my team at Varsity Real Estate, market headlines don’t decide whether or not now is a good time to buy or sell; your circumstances do.
Ready for Clarity?
If you’re navigating the Bend or Central Oregon market, NOW is a perfect moment for a consultation grounded in real numbers, not speculation.
Reach out to discuss your situation. If you’re interested, take a look, review the Beacon Report, and chart your best path forward with confidence and clarity.
I look forward to talking with you.
Let’s get aligned on your goals for a purchase or sale,
Justin Scott
(541) 797 - 9939
Justin@varsityoregon.com
Pictured above: My 1987 F250 parked outside our family cabin in Camp Sherman, Oregon. Camp Sherman is the perfect spot for rest, relaxation, fly fishing the Metolius River, reading a book, and taking long walks. A must-visit!