Central Oregon Real Estate Market Newsletter || November 2025
Happy November!
SORRY FOR TWO EMAILS.... the generic Sotheby's email was just sent in error.
This Sky. Who wouldn't want to live here? This photo was taken by a friend with a drone on November 3, 2025. This newsletter is meant to educate and enjoy. All the content is written by me (not AI). I write this each month to include real estate data, local stories, my listings and more. Please let me know if you are interested in different content, I am all ears!
That bend in the river you see above? Yep, that is how this cute 'little' town got it's name; although informally known as "Farewell Bend" up until the 1870's when the post office officiated the name as Bend. The bend in the river was the 'fordable' (or most shallow point) of the river that allowed natives and later, fur trappers (circa 1820's), to cross the river. Construction of the many irrigation canals started in 1901 that now provide beautiful waterways around town that service our large agricultural lands. Have you ever been to the Deschutes Historical Museum downtown? It's worthy of an afternoon visit some day - you'll be impressed by the collection of history they have displayed!
Real Estate!! Here's some interesting housing market data:
Home sales continue to be stronger than last year!
Here is what the latest real-time data for the week of November 17, 2025, is telling us about the US housing market:
Weekly pending home sales continue to come in very strong compared to last year. In this week's count, there were 15% more newly pending contracts started than the same week in 2024. The recent average of weekly pending home sales is coming in nearly 5-8% more sales each week than in 2024.
The market is now seeing more sales than in any November since 2021.
Home Prices are Under Pressure
Even though sales are improving, home prices are still under pressure.
The percentage of active listings that have taken a price cut is still high.
41.5% of the homes on the market have taken a price cut.
The momentum for inventory in 2026 is for continued growth. This implies there is plenty of room for home sales to grow in 2026, but it also means price pressures will continue.
Let’s stay connected. You know where to find me—basically everywhere real estate is happening and beyond!
Thanks for your Business, your Loyalty and your Referrals
YOU ARE INVITED!
My 9th Annual Holiday Cookie Party during the Downtown Holiday Parade!
821 NW Wall Street
Stop by for some hot cocoa, coffee, cookies and of course, laughter and big hugs!
Parade Starts @ Noon!
Julie Reber's Current Listings
(and boy do I have some GREAT listings coming up in 2026... stay tuned!)
FOR SALE!
8540 & 8550 9th Street in Terrebonne
Two lots being sold together. Located in the ideal spot for current and future Terrebonne growth, these two tax lots are prime time for your most creative vision. Slated to tap into the Terrebonne sanitation / sewer system in 2028, the magnitude of opportunity is palpable!
Dreaming of some legit elbow room or looking to start that agribusiness? How about ~161 Acres on the east side of Bend, just 10 minutes to downtown. You're in the Vibe and out of the Crowds at the same time!
NOW Offered @ $3,200,000 (watch the NEW video below too - it's super fun!)
A sprawling ~161 acre ranch
85.5 acres of deeded irrigation rights
A practically new modern farmhouse
3 bedrooms
4.5 bathrooms
Over 3800 sq. feet of designer living.
A separate farm hand house - currently rented @ $3500/month
A brand new barn - over 10,000 sq. ft. perfect for your equipment, your toys, full bathroom and the ULTIMATE party space!
A new outdoor riding arena with 4 stall barn
Front Fenced acreage perfect for running cattle or other livestock (currently housing swine)
A large concrete platform poured on the east side to host events / weddings (EFU zoning allows 1 event every 90 days)
Two land owner preference tags for all game animals
SOLD!
527 Forest Grove (represented buyer)
Live your best Bend life in this stylish single-level with 3 bedrooms and 2 baths! Bursting with potential, it's the perfect canvas for your personal touch. The open layout makes everyday living a breeze, while the private backyard is a built-in chill zone for sunny afternoons or starry nights.
Negotiated a seller credit AND below asking AND built-in equity!
Meet Brad - a Beautifully Designed, Energy-Efficient Home in Prime Bend Location. Tucked on a quiet cul-de-sac, this chic single-lvl stunner offers 3 spacious bdrms + an office, ideal for flexible modern living.
Sold for $580K
SOLD!
1942 NE 6th Street (represented buyer)
Midtown oasis 1 mile from downtown Bend. This 4-bedroom, 2-bath Midcentury home on a large city lot features an extensive organic edible landscape. Located directly across from Orchard Park & just blocks from Midtown Yacht Club and shopping. My clients were able to get an offer in before the day of showings, competed hard for it and WON!
Sold for $710K
What my clients have to say:
Julie was incredible. Would easily be six stars if that was an option. Not only was she very friendly And enjoyable to talk to, she was flexible, prompt with communication, and extremely knowledgeable and patient throughout the entire process. 10 out of 10 would recommend. We absolutely will be repeat customers.
Sam B.
Affordable Housing Zoning Sparks Debate at Easton Development in Southeast Bend
In southeast Bend’s rapidly growing Easton neighborhood, a new rezoning proposal is sparking conversation about what kind of growth the city wants — and how residents will live alongside it. A recent report covered a pitch to convert eight acres of commercially-zoned land (originally earmarked for shops, clinics and services) into a 128-unit income-restricted housing complex.
Need Your Input!
I have created a banner for the Mountain View Football stadium. What do you think? Other tagline options:
Interesting data point here is the days on market (DOM) are WAY up Year over year (Y-O-Y) and from last month. In fact, this is more DOM than we have seen in over 3 years. Cash closings account for about 1/3 of all closings. And as noted in several months of reporting, the months supply of inventory has been steadily decreasing since April (meaning less inventory).
Moms.
I know it's not mother's day, but I want to give a shout out to all the bad *ss mothers out there as we head into the holiday season - our rodeo.
This photo is from a recent gathering of a group of moms who work all football season (and beyond) to ensure that our school, our team, our community feels loved and supported. All of these women have dedicated hundreds of hours to working football concessions, meals, parking, tickets, swag sales, etc. We are a dedicated group of people that simply love our community!!!
AND... GO COUGS!!
After a season of all wins (one loss to Summit 👎🏽) our Mountain View Cougars are headed to the Oregon 5A State Semi - Finals tomorrow night. We wish them the BEST of luck for an amazing season. So proud of my youngest son who was just named All NW Second Team Tight End!
Drawing on expertise from fast-paced urban centers and rural landscapes, the team offers adaptable strategies and clear guidance to navigate every real estate opportunity with confidence.
