The Bend real estate market has become increasingly selective in 2026. Homes are still selling, buyers are still moving to Central Oregon, and desirable properties continue to attract attention. But there is a noticeable difference between the homes buyers are responding to and those that remain on the market.
As we move through August, we are seeing inventory grow and buyer activity slow. We won't have fina...
Tetherow and Broken Top are both golf communities on Bend's west side, they're close to each other, and portions of both are gated.
So what's the difference?
The short answer: age, architecture, landscaping, and atmosphere.
Tetherow is newer, with contemporary architecture and a very distinct high desert feel. There are fewer trees, and the landscaping reflects the dry Central Oregon environment. It also has more of a resort atmosphere, with golf, restaurants, lodging, and a livelier social scene.
The Bend real estate market continued to demonstrate resilience in July 2026. While the number of new listings declined and inventory tightened compared to last year, buyer demand remained healthy with more homes closing, pending sales increasing, and the median sales price rising nearly 5%.
Not all luxury homes sell at the same pace. In Bend's high-end market, some properties generate strong interest almost immediately. Showings are scheduled quickly, buyers engage, and offers often follow within a relatively short period of time. Meanwhile, other luxury homes can remain available for months despite impressive features, desirable locations, and significant marketing exposure. The difference is rarely explained by a single factor. Today's luxury buyers are thoughtful, selective, and increasingly focused on value, lifestyle alignment, and overall experience. Understanding what drives their decisions ca...
Not every expensive home is truly luxury. That distinction is becoming increasingly important in Bend as buyers grow more selective and more thoughtful about how they evaluate high-end properties. A few years ago, rapid appreciation and limited inventory pushed pricing upward across nearly every segment of the market. In many cases, homes achieved luxury-level prices simply because demand was strong and supply was limited. Today's buyers are looking deeper than price alone. They are evaluating quality, setting, design, privacy, livability, and how well a property aligns with the Central Oregon lifestyle. The homes that stand out now are usually not the ones trying hardest to appear luxurious—they are the ones that feel nat...