My Weekly Central Oregon Real Estate Blog

With mortgage rates steady at 6.92% for a 30-year fixed-rate conventional mortgage, a healthy supply of inventory, and just seven weeks until July 4th, the trajectory for the rest of the summer is established. Transaction volume is in line with, or slightly better than, the last couple of years, and prices are holding up. One thing to keep in mind about our market is the seasonal lull that typically occurs around July 4th. Many families take advantage of the last big summer holiday to recreate, BBQ, and take time off, setting their housing needs aside. Activity increases again after the fourth before another lull around Labor Day, followed by one of the busiest times of the year, from mid-September to early November. There is another push of activity before another lull around Labor Day, before we enter one of the busiest times of year, mid-September through early November. Seasonal-bound activity in Central Oregon has distinct periods of increased activity. Of course, transactions occur year-round, but the busy summer season passes quickly.

This morning, there are 1,299 single-family homes listed in Deschutes County. This week last year, there were 940 listings, a notable increase in the face of higher rates and economic uncertainty in many segments of the economy. A steady eighty listings are pending this week at an average of $870,297, and only 23 median days listed. Fifty-two transactions closed at an average price of $993,733, and 28 median days listed. 

Crook County has 218 single-family listings this morning, 99 more than this week last year. Eight pending sales, at an average of $667,500 and with a median listing time of 34 days, are consistent with the trends of the last several weeks. Three transactions closed at $399,000, $324,000, and $295,000, listed 10, 248, and 57 days respectively.

Jefferson County has 117 single-family listings this morning, up from 86 this week last year. Activity is strong, with 10 pending sales at an average price of $472,470 and a median listing duration of 26 days. Two homes closed at $680,000 in Culver, listed 389 days, and in Madras at $425,000, listed only 12 days.

The most impactful trend of this selling season is the increase in inventory. Selection helps buyers in numerous ways, with increased competition at various price points helping to moderate prices to some extent. So far, this hasn't significantly impacted the yearly median sale price, but some great deals are unquestionably available. Getting the listing price correct from the outset is key to shorter marketing times for sellers. Considering how our market activity will behave in the upcoming holidays and seasonality, there isn't much time to appeal to the broadest number of buyers. Pricing too high can extend marketing times and require a retreat to more realistic pricing when fewer buyers are available. 

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The answer to the age-old question, "How is the real estate market?" above $1M in Central Oregon is "Strong!"While the days listed may be up, prices are firm and increasing in many cases. Keep in mind that the median sale price has very little meaning in price tranches, as all sales are within a narrow range. In the $3M and up range, there are relatively few sales per year and a wide variation in price, so those numbers also have less meaning. In a future report, I will highlight sales of over $4M in Deschutes County to add some perspective to the most exclusive sales in Central Oregon.

30-year Fixed-Rate Jumbo - January 1 and May 1

2018 - 4.21% - 4.68%

2019 - 4.72% - 4.27%

2020 - 3.79% - 4.39%

2021 - 3.2% - 3.14%

2022 - 3.31% - 4.92%

2023 - 6.12% - 6.37%

2024 - 7.00% - 7.41%

2025 - 7.38% - 6.96%

Deschutes County - $1M to $2M - Sales/Median Sale $/Days on Market

2018 - 39 - $1,175,000 - 124

2019 - 53 - $1,199,500 - 103

2020 - 69 - $1,285,000 - 79

2021 - 175 - $1,225,000 - 6

2022 - 249 - $1,300,000 - 5

2023 - 120 - $1,299,500 - 20

2024 - 172 - $1,272,500 - 27

2025 - 195 - $1,350,000 - 22

Deschutes County - $2M to $3M - Sales/Median Sale $/Days on Market

2018 - 6 - $2,247,500 - 41

2019 - 4 - $2,287,500 - 210

2020 - 5 - $2,260,000 - 205

2021 - 21 - $2,200,000 - 13

2022 - 29 - $2,225,000 - 5

2023 - 24 - $2,447,500 - 38

2024 - 28 - $2,237,500 - 37

2025 - 32 - $2,377,000 - 39

Deschutes County - Over $3M -Sales/Median Sale $/Days on Market

2018 - No Sales

2019 - 1 - $3,925,000 - 690

2020 - 4 - $3,150,000 - 790

2021 - 9 - $3,500,000 - 3

2022 - 10 - $3,584,225 - 58

2023 - 5 - $3,150,000 - 54

2024 - 7 - $3,350,000 - 54

2025 - 16 - $3,119,500 - 150

*2025 YTD high $4,950,000

Crook County - Over $1M -Sales/Median Sale $/Days on Market

2018 - 3 - $1,150,000 - 112

2019 - 2 - $1,227,000 - 105

2020 - 2 - $1,033,000 - 149

2021 - 8 - $1,325,000 - 13

2022 - 16 - $1,220,000 - 36

2023 - 16 - $1,420,000 - 100

2024 - 9 - $1,690,000 - 31

2025 - 12 - $1,622,000 - 17

*2025 YTD high $2,447,700

In Deschutes County, except for 2022 in the $1M to $2M range, all high-end sales volumes are experiencing unprecedented highs. The median closed prices I typically report weekly do a better job of showing how firm prices are and how they are growing in our market, especially over $1M. Still, the volume indicates consistently strong buyer demand. Crook County also shows consistent buyer demand, mainly in the Powell Butte area and the Brasada Ranch golf course community. 

One aspect not revealed in the data is an intense desire from ultra-qualified buyers for unique trophy locations in Central Oregon. Considering the upward price growth and substantial sales volume now is a great time to list properties that set the bar for an eponymous Central Oregon lifestyle. Remember that the data above is only through May 1 for each calendar year; typically, more sales occur in the high-end in the year's second half. 

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One of the most common questions in the real estate business is, "How is the market?" Typically, the following statement is an anecdotal assumption that the market is either hot or slow. Interestingly, I don't hear many people assuming that the market is stable. There is no question that sales volume increased in 2020 through 2022, and prices increased dramatically. How does the market look today compared to the past several years? Today, I am showing sales from January 1 through May 1, 2018, through 2025, to illustrate where the market is today and how it measures up to the recent past. Without context, data is meaningless. I always strive to provide facts without putting a spin on the data, and today, I will bring context to the weekly data I typically offer. 

30-year Fixed-Rate Conventional Mortgage Rates - January 1 and May 1

2018 - 4.06% - 4.64%

2019 - 4.54% - 4.21%

2020 - 3.76% - 3.26%

2021 - 2.83% - 3.08%

2022 - 3.33% - 5.36%

2023 - 6.48% - 6.5%

2024 - 6.73% - 7.18%

2025 - 6.97% - 6.83%

Deschutes County - Single-Family Sales/Median Sale $/Days on Market

2018 - 1,295 - $390,000 - 36

2019 - 1,134 - $407,495 - 43

2020 - 1,281 - $426,000 - 33

2021 - 1,460 - $554,250 - 4

2022 - 1,399 - $691,000 - 5

2023 - 885 - $620,215 - 30

2024 - 983 - $680,000 - 31

2025 - 995 - $699,900 - 40

Crook County - Single-Family Sales/Median Sale $/Days on Market

2018 - 133 - $275,000 - 37

2019 - 134 - $272,725 - 58

2020 - 114 - $291,000 - 52

2021 - 151 - $407,000 - 11

2022 - 158 - $445,000 - 16

2023 - 116 - $463,747 - 66

2024 - 115 - $444,995 - 46

2025 - 112 - $427,450 - 54

Jefferson County - Single-Family Sales/Median Sale $/Days on Market

2018 - 89 - $217,000 - 45

2019 - 64 - $261,174 - 69

2020 - 87 - $250,000 - 59

2021 - 103 - $301,000 - 8

2022 - 123 - $380,000 - 18

2023 - 61 - $365,000 - 64

2024 - 60 - $447,930 - 66

2025 - 70 - $398,500 - 75

Since 2021, the median sale price in all three counties of Central Oregon has significantly increased. Days listed have also gone up since the tumultuous pandemic housing market, but we are close to the marketing time of 2019, which, in retrospect, looks like the most "normal" market of this date range. Deschutes County has experienced a significant price gain since 2018, at 79.46%, Crook County at 55.44%, and Jefferson at 83.64%. 

The Central Oregon Housing market is strong. However, with more listings and higher interest rates, competition between sellers is fierce. Accurately pricing your home can result in significantly shorter marketing times, but sellers are doing well to start 2025, and that trend will continue through the summer.

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Inventory growth above $1M in Central Oregon was modest this week. Still, with considerably better weather on the horizon, I expect more listings to trickle into the market over the next few months. Most high-end sales in Central Oregon occur from spring through fall, and far more buyers engage at this time of year. That engagement creates educated buyers who know the inventory well, especially in the relatively small market of over $2M. One dynamic to consider for sellers, if you are listing a desirable property, is waiting, which can get the attention of buyers scouring the MLS for the right fit. When unique, sought-after properties hit the market in late summer, buyers who have held off often jump on excellent properties in trophy locations. 

Nine more homes are actively listed in Deschutes County this morning than last week, for a total of 334. It has been a busy week in this price tranche, with 20 pending sales and 18 closed transactions. The average pending sale price was $1,387,650, and the average closed price was $1,408,855, with only ten days listed for the closed properties. Several homes are at the upper end of this price range, but most of the activity skews towards the $1.5M range and below. The upper range can be a dead zone in this segment, but every property is unique, and the mix of available homes changes daily. 

There were five more listings between $2M and $3M than last week, for a total of 93. One pending sale in Broken Top listed at $2,885,000 was recorded this week, with three closed transactions averaging $2,468,333. The closed transactions were in Caldera Springs, Discovery West, and Tumalo. This mix shows a lot of diversity in this price range, with great options spread throughout Deschutes County. 

Two more listings are in the MLS above $3M than last week at 35. No pending sales occurred, with one closing in Tetherow at $3,150,000, listed for $3.4M. 

There are 59 listings in Crook County above $1M, one more than last week. No sales were pending in the MLS, but two were recorded at $1,720,000 and $2,070,000 in Powell Butte and Brasada Ranch, respectively. 

In next week's email, I will break down sales through early May from January 1, 2018, to 2025. Following the weekly numbers closely can provide an excellent sense of market trends today. However, without context, today's trends don't have much perspective. Seeing the trends over the past several years provides a crucial, bigger-picture perspective vital to making a good decision in our market. While I may not have a crystal ball for the future, the population growth, demographics of new residents, and move to hard assets from the equity markets are all bullish indicators for Central Oregon high-end real estate. 

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Higher mortgage interest rates over an extended period increase the housing supply. After nearly three years of rates around 7%, the supply of homes in Central Oregon has increased significantly from pandemic lows. While the national average for a 30-year fixed-rate conventional mortgage is down slightly to 6.81% this morning, this is in the range of variability we have seen over the last several months. 

This morning, there are 1,181 single-family listings in Deschutes County, an increase of 41 from last week. The high since I started tracking the weekly numbers in April 2022 was August 7, at 1,322. For reference, this week last year, there were 841 single-family listings. With three months to go until the typical peak inventory for the year, the volume of homes for sale this year will eclipse the highs of the last few years. However, activity is also strong, with 80 pending sales this week at an average list price of $849,224, compared to 71 at $837,579 on this week last year. Fifty-nine closed transactions at an average of $850,629 have been solid for the last few months, but it was eclipsed by 103 sales this week last year at an average of $857,240. While inventory may be rising, prices are firm, if not higher, than last year. 

Crook County inventory increased by thirteen to 201 single-family listings, the highest since I started tracking the weekly data in 2022. There were three pending single-family sales this week at an average of $408,333 and eight closed transactions at an average of $782,362, showing steady activity relative to the last several weeks. This week last year, there were just 114 active listings, with seventeen pending sales at an average of $695,207 and nine closed transactions at an average of $842,182. Weekly variations can be misleading, so read next week's report, where I will provide a year-to-date analysis of the last three years to show how this year measures comparatively.

Jefferson County inventory remains somewhat muted at 117 single-family listings this morning, a decrease of three from last week. Eleven pending sales at an average of $454,291 and six closed transactions at an average of $446,533 are highs for the year. The peak inventory since 2022 in Jefferson County was 120 on September 25, 2024. This week last year, there were 80 single-family listings, three pending sales at an average of $548,500, and five closed transactions at an average of $577,700. The variability of price week-to-week in the smaller data of Jefferson County is typical and not indicative of falling prices, which will be clear in next week's year-to-date analysis.

Weekly analysis is an excellent tool for identifying trends early if the data is in context with year-to-date activity. So much can happen week to week that has nothing to do with larger trends, and there is no rhyme or reason for when homes at a particular price point will sell. Some weeks, more homes are sold at or below the median sale price, while other weeks, multi-million dollar homes close, skewing the numbers up. In the larger dataset of Deschutes County, much of this variation smooths out, but in smaller Crook and Jefferson Counties, the variation can be more noticeable. A detailed, specific analysis of individual neighborhoods and price points is the best way to evaluate a particular property. Please do not hesitate to reach out if you need information to help you make the best decision for your needs.

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On May 9th, I will report how 2025 compares to the last four years, starting in 2021, so keep an eye out for that analysis. Without the context of seeing how any year compares with the recent past, it can be challenging to know whether today's trends are indicative of a strong market or just typical activity. Spoiler alert: the market above $1M is strong! In Crook County, there have been ten sales YTD above $1M, bested by both 2022 and 2023 at 15 and 14, respectively. In Deschutes County, only 2022 had better numbers, with 263 sales YTD, compared to 218 this year. 

This morning, in Deschutes County, there are 325 single-family homes listed between $1M and $1,999,999, an increase of seventeen from last week. This price tranche is the only segment above $1M to see inventory growth this week. With sixteen pending and closed transactions, the activity here is remarkably consistent. The median days listed for pending sales were 34, with the closed transaction days listed as 10. Properties selling at near single-digit days listed are a signal to buyers to be ready and not waste time. While sellers are in a strong position, pricing as close to what the market will bear is imperative in this competitive market segment. 

Inventory between $2M and $2,999,999 dropped by one to 88 single-family listings. Two pending sales, at 32 and 15 days listed and $2,450,000 and $2,575,000, respectively, are double the last three weeks of just one pending sale per week. Two closed transactions on the West Side of Bend occurred at $2M and $2,240,000, at two and 262 days listed last week. But don't let the long marketing time fool you on the $2,240,000 sale; this new construction was listed before construction began. 

Over $3M inventory is flat at 33 single-family listings. One pending sale at $3,995,000 and a full year listed occurred in Tumalo, with two closed transactions at 3,200,000 in SE Bend and the other at $3,350,000 in Tumalo. Marketing time for these sales were 365 and 147 days, respectively, which is typical for the higher end of our market.

Crook County inventory above $1M increased by one to 58 single-family homes. One pending sale listed 333 days and listed for $1,399,000 occurred on Mount Hood Drive in West Powell Butte Estates. Two sales were recorded in Crook County, one on Mt. Adams Loop in West Powell Butte Estates at $1,200,000 and the other in Brasada Ranch at $1,900,000. The West Powell Butte estate sale was listed for just twelve days, while the Brasada Ranch listing was an immediate sale, showing zero days listed. 

Listing growth will be a significant factor in the high-end market over the next few months. If this week is any indication, growth is tepid, putting upward pressure on prices for the remaining inventory. However, it is too early in the season to know whether more properties will list or if constrained supply will become a factor. 

Jumbo mortgage interest rates were flat this week, with the national average at 7.05%. While rates may be high, stability produces steadier activity than volatility, as buyers know what to expect. Even drops in rates can slow activity, with many buyers waiting to see if rates drop even further. I have mentioned several times that I predicted rate volatility of ~30 basis points for the foreseeable future. If a rate drop happens in that range, buyers looking to finance a property purchase should lock in rather than wait for a bigger decrease. Economic conditions today do not put downward pressure on rates. 

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The word of the year for the mortgage markets is volatility, with the national average for a 30-year fixed-rate mortgage this morning at 6.98%. The chart below illustrates this volatility and shows today's rates are approaching highs for the last year. Interestingly, the lows each of the past three years since rates started climbing up to 7%, the seasonal lows occur near year-end, with rates elevated through the summer. Unfortunately for buyers in Central Oregon, the best selection of homes is available during the summer months, with correspondingly higher rates. However, staying in close contact with your lender creates an opportunity if you use rate volatility to lock in during the brief dips. Wherever rates are on any given day is anyone's guess, and if you don't like them today, waiting several days will likely produce a different number. 

This week, inventory growth in Deschutes County was modest, up 38 to 1,140. Pending sales and the days listed are identical to last week at 70 and 21, with the average sale price up considerably to $882,959 from $744,669. As more homes come to market at higher price points for the summer season, the weekly average sale price typically increases. Fifty-three transactions closed this week at a median days listed of just 27 and an average sale price of $998,464.Sellers are doing well, with twenty-four of the seventy pending sales reducing the price before securing a buyer and twenty-three closed transactions negotiating a price below list. Today's market is bifurcated between rapid sales and lingering inventory, which, in many cases, can be hard to define. Some seemingly well-priced properties are sitting, but most will find a buyer as summer activity picks up.

Crook County inventory also experienced modest growth of four from last week to 188. Six pending sales with just 30 days listed and an average price of $859,950 are in line with previous weeks, but two pending sales over $1M skew the sale price. Eleven closed transactions are the most since July 2024, with a median days listed of only twelve. The average sale price was $722,818, skewed up considerably by two Powell Butte sales and one in Brasada Ranch. 

Jefferson County experienced an active week that reduced inventory by four, bringing the total to 120. Eight pending sales were on the market for a median of 62 days, with an average sale price of $409,325. Four closed transactions occurred in the previous week, with a median of sixty days on the market and an average price of $378,250. 

With activity in the overall market picking up, moving quickly on properties that suit your needs is essential. Not every home sells rapidly, but the extremely diverse inventory of homes in Central Oregon can make finding the right fit challenging. Letting something go that fits your needs can extend the time it takes to find the right property indefinitely.

For sellers, starting with the right price is key to a quick sale, or at least in the ballpark. Knowing what a buyer might be willing to pay for high-end homes in desirable locations can be challenging. Starting high isn't always a terrible strategy as long as a plan to adjust based on buyer feedback is in place. However, even with a lack of showings, you never know when the right buyer might appear. Since every seller has unique circumstances, there is no one-size-fits-all approach.

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The mortgage markets calmed down this week and settled back to where rates have been for the last couple of years. Inventory growth continues at a moderate pace, with the notable metric for the week being the remarkably short days on the market for pending and sold listings. Year-to-date in Crook County, over $1M in eight homes have sold compared to four in 2024. All twelve year-to-date closings in Crook County in 2024 and 2025 have been in Brasada Ranch. In Deschutes County, over $1M year-to-date, there have been 198 closings compared to 171 in 2024. The high-end market is moving right along! 

The inventory of homes between $1M and $1,999,999 in Deschutes County increased by thirteen to 308. Fourteen pending sales, at a median days listed of only 17, continue the rapid pace in this competitive market segment. Eight closed transactions, at a median days listed of 35, with four price drops at a median of -5.21%, are consistent with the overall market. 

There are 89 listings between $2M and $2,999,999, up four from last week. One pending sale, with 32 days listed and a list price of $2,225,000, and three closed transactions, with an average of $2,566,666 and a median days listed of only 13, round out this price tranche. 

Thirty-three homes are listed for over $3M, up two from last week. No pending sales were recorded, with two closings at $3,095,000 in Bend and $4,950,000 in Sisters. 

There are 57 listings in Crook County, over $1M, up five from last week. One pending sale is out on Paulina Highway at a list price of $1,445,000, a property with 40 acres and its own airstrip. One transaction closed in Brasada Ranch for $2,447,700 after only 17 days on the market. Looking at Crook County sales of over $1M, Brasada Ranch dominates the market activity.

With sales over $1M throughout Central Oregon outpacing sales since the flurry of activity around the pandemic and days listed barely in the double-digit range, there is little question that high-end sales in Central Oregon are strong. For sellers, now would be a good time to list for maximum exposure through the peak of the selling season. While many homes sell quickly, not every property will move in two weeks. Typically, the Fourth of July is slow, with a lull in activity before the last phase of the selling season kicks in before the winter holidays. For buyers, getting educated about the market today will position you well to evaluate the new listings coming to market over the next several weeks. Rest assured that attractive high-end properties are selling fast this year, with no end to the robust activity. 

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Whether you are searching in Bend or any of the close by areas, I want to help you find the perfect property. Even if you are in the beginning stages of your search, I always like to be a resource, no pressure ever.

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While mortgage rates may be volatile, the range of volatility is approximately 30 basis points, which, in the big picture, doesn't change mortgage affordability much. This morning, the national average for a 30-year fixed-rate conventional mortgage is 6.88%, down from recent highs and in line with the last several months. Like most news, getting caught up in the daily minutia of interest rates takes the focus off what matters. YTD, sales are still slightly ahead of 2024, which was better than 2023. Prices remain stable or rising when compared to the median sale price of the last two years. Sellers might not see the remarkable appreciation of 2020 through 2022, but sales in many price points are brisk. Buyers confront affordability issues that have remained stable, which makes planning a purchase much easier. Rising inventory continues as expected for late spring.

Single-family listings in Deschutes County increased by 84 this week, now at 1,108. This level of homes for sale has not been matched since October 30, when there were 1,125 listings, and is ahead of last year's pace, when we did not see this volume until June 19, when it was 1,156. With seventy pending sales this week at a median list time of only twenty-one days and a median list price of $744,669, there is no indication of a faltering market. Market strength is also apparent in the sold data, with fifty-one closings this week marketed only twenty-nine days before finding a buyer and a median sale price of $898,069. The median price reduction for pending sales was -2.83% and -2.78% for closed transactions, further proving a strong market. 

Crook County single-family home listings increased by fourteen this week, now at 184. Eight pending sales marketed a median of fifty days with an average sale price of $501,044 show activity below the median active list price of $675k. Two homes closed this week, one on the south side of the Prineville Reservoir at $499k and the other in Brasada Ranch for $2,447,700. Powell Butte and Brasada Ranch consistently record the highest sale prices in Crook County. 

Jefferson County saw an increase of eight listings, showing 124 single-family homes for sale. Five sales are pending at an average of $360k, listed for just thirty-seven days. One transaction closed for $377,225, listed for 359 days. Every home has a buyer, and patience can be a virtue when selling in the outlying areas of Central Oregon. 

Inventory growth in Central Oregon creates opportunities for buyers, but it is constrained enough to keep prices relatively firm. Desirable properties either sell immediately, have multiple offers, or both. Each property is subject to unique appeal; even in the hottest markets, the results are uneven. Accurate pricing, a solid strategy, and a plan for different scenarios are essential for sellers to remember. For buyers, working closely with a lender to take advantage of rate dips and working to understand your particular market segment will help identify the right property. There may be more time to consider properties before making an offer than in years past, but missing out on a great fit never feels good. The next several months in real estate are the busiest of the year, and taking action is necessary when the right property comes along.

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The phrase "the elephant in the room" implies a big issue beinbg ignored; when it comes to the economy and tariffs, it seems to be on everyone's mind, particularly stock traders. In the luxury housing markets, it stands to reason that economic volatility would slow activity, which is what this week's numbers show. Last week, the 30-year Jumbo mortgage national average dipped to 6.8%, but as the 10-year Treasury yields spiked to 4.526%, the Jumbo national average shot up to 7.2%. While many luxury buyers engage in cash deals, a 40 basis point swing in mortgage rates is bound to get some attention.

There are 295 single-family listings between the active $1M and $1,999,999 range in Deschutes County, up nineteen from last week. Ten pending listings are the lowest of the previous six weeks, but the median days listed for the pending sales was only eight. Single-digit days on the market are a significant metric and a sign that buyers are wasting no time scooping up desirable properties. Fourteen transactions closed this week at a median marketing time of only twelve days. Less than two weeks of marketing time is notable for both closed and pending sales. 

Eighty-five listings are in Deschutes County between $2M and $2,999,999, an increase of four from last week. After just two days listed, one pending sale at $2,050,000 is in the MLS. No transactions were recorded this week. 

Inventory in Deschutes County above $3M is unchanged at thirty-one. One pending sale at $3,550,000 is in the MLS with a marketing time of 292 days. For unique properties on acreage in the higher price points, longer marketing times are not uncommon before finding the right buyer. Three transactions closed at $3,100,000 (list price $3,149,900), full price at $3,150,000, and $3,600,000. The last closing at $3.6M was listed for $3.1M but came to market on December 12, 2022, for $4.5M. There is always more to the story if you dig a little!

This morning, 52 single-family homes are listed in Crook County above $1M, an increase of four from last week. Two pending sales occurred over the previous week: one for $1,250,000 in Brasada Ranch and another for $1,799,000 in Powell Butte. There was one closed transaction in Brasada Ranch at $1,625,000. 

In my weekly market report, which I send on Wednesdays, I track all price points for single-family homes in Deschutes County, which is a great way to track trends in the overall market. However, the smaller data pool for luxury listings in Central Oregon makes identifying trends less apparent. The analysis is more straightforward for established subdivisions and communities like Brasada Ranch or Tetherow. However, with large acreage properties in unique locations, the analysis requires local knowledge and a different approach 

Click here for the full report.

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