Lower Prices and Fewer Sales as Buyer Interest Begins to RebuildJanuary opened the year with continued price softening and a clear slowdown in closed sales across the Bend single-family market. While overall activity remains lower than a year ago, buyer interest is beginning to reappear, particularly in pending sales. Inventory tightened noticeably as fewer new listings entered the market, setting the stage for a more competitive spring—provided sellers price realistically.When comparing January 2026 with January 2025 for Bend single-family home sales on less than an acre, the following changes can be noted: Median sales price down 6.5% to $689,900 Closed sales down 25.8% to 92 New pending listings up 17.5% to 134 New listings down 14.2% to 133 Active inventory down 13.7% to 340 Months ... 02/06/2026