Redmond July 2026 Market Report

M arket Report July 2026 | Redmond, Oregon

Redmond M ar ket Repor t

M ar k et Summar y Resident ial H omes (Single Family/ Condo/ Tow nhouse) Current Period July 2026

June 2026

Change From Last Mont h

Last Year July 2025

Change From Last Year

74

100

-26%

82

-9.8%

$547,450

$515,000

+6.3%

$537,500

+1.9%

Median Price Per Sq. Ft .

$322

$310

+3.9%

$305

+5.6%

Act ive Invent ory

359

334

+7.5%

325

+10.5%

% of Original Price Received

96%

96.3%

-.3%

97.2%

-1.2%

Median Days on M arket

42

26

+61.5%

33

+27.3%

% Cash Sales

23%

26%

-11.6%

24.4%

-5.8%

Homes Sold Median Sale Price

Year To D at e: 20 26 Compar ed To 20 25 The st at ist ics below give a compar ison year t o dat e compar ing 20 26 t o t he same t ime f r ame in 20 25. Dat a as of August 4t h, 20 26.

2026 $324

481

Average $ Per Sq/ Ft

Homes Sold

27 Median Days on M arket

2025 $315

482

Average $ Per Sq/ Ft

Homes Sold

28 Median Days on M arket

Dat a provided by Oregon Dat aShare. Regional Mult iple List ing Ser vice RMLS, and Sout hern Oregon MLS. All inf ormat ion is deemed reliable but not guarant eed.

Redmond M ar ket Condit ion

M ar k et Condit ions Buyer 's M ar k et

Balanced M ar k et

Seller 's M ar k et

4.9 Mont hs of Invent ory Buyer's M arket

Balanced M arket

Seller's M arket

More t han 5 Mont hs of Invent ory

3 - 5 Mont hs of Invent ory

Less t han 3 Mont hs of Invent ory

Buyer 's vs. Seller 's M ar k et T he key similar it ies and dif f er ences bet w een a buyer 's and seller 's mar ket ; and how t hese mar ket f act or s impact each gr oup.

Buyer 's M ar ket

Seller 's M ar ket

M or e people selling homes t han buying

M or e people buying homes t han selling

More Homes t o Choose From

Fewer Homes t o Choose From

More Negot iat ing Power

Less Negot iat ing Power

Could Spend Less t han Asking Price

Need t o be Able t o Close Quickly

Price Rest rict ions

Could Spend More t han Asking Price

Rarely Compet ing Offers

Compet it ion From Ot her Buyers

Buyer 's M ar ket

Seller 's M ar ket

M or e people selling homes t han buying

M or e people buying homes t han selling

Takes More Time t o Sell Home Sells Quickly Fewer Offers Received Mult iple Offers Likely Could get Lower t han Asking Price Could get More t han Asking Price M ay Have t o make Repairs and/ or Concessions

Buyers Willing t o Overlook Repairs

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