Sisters, Oregon Market Update: What the Latest Data Is Telling Us

by Meg Anderson

The Sisters market continues to show its unique blend of low inventory, steady demand, and longer time-on-market trends as we head into the winter season. If you’re planning to buy or sell in 2024–2025, here’s what the newest Altos Research data reveals — and what it means for you.

 

📊 Median List Price Holding Strong

The median list price is sitting at $899,000, reflecting the continued strength of the mid-to-upper price tiers in Sisters. Demand in this range remains steady, even as buyers navigate interest rate fluctuations and seasonal slowdowns.

Higher-quality homes with updated finishes, good locations, and outdoor living spaces continue to be the strongest performers.

 

🔥 Market Action Index Ticks Up

The Market Action Index (MAI) rose to 30 (from 29), placing Sisters just inside “slight seller’s market” territory.

This means:

  • Demand is slightly outpacing supply

  • Well-priced homes are still selling

  • But buyers retain negotiation power due to price reductions and longer market times

In a balanced market scor­ing around 30, neither side holds a strong advantage — timing and pricing strategy become key.

 

🏘️ Inventory Remains Tight

There are currently 108 active listings in Sisters — still lean for a community with such high inbound interest.

Low inventory keeps prices stable, but the composition of that inventory matters:

  • Many listings are sitting longer

  • A high number have undergone recent price reductions

  • Homes in fringe locations or needing updates are taking the longest to sell

 

⏳ Days on Market Are Lengthy

Average Days on Market: ~127 days
Median Days on Market: ~102 days

This tells us two things:

  1. Buyers are selective

  2. Sellers need to price realistically from day one

A home priced incorrectly can easily drift past the 90-day mark, which almost guarantees the need for a price adjustment.

 

💸 Price Reductions Are Common

A striking 54% of active listings have reduced their price. Only 1% have increased.

This is a strong signal that:

  • Sellers who “test the market” with a high price are having to make adjustments

  • Buyers have leverage and should be writing offers backed by strong data

  • Strategic pricing and presentation matter more than ever

 

🧭 What This Means for Sellers

If your home is well-maintained, move-in ready, and priced correctly, you are still in a position of advantage. With inventory this low, serious buyers will notice you — but they won’t overpay.

You should:

  • Nail your pricing strategy

  • Prepare your home thoroughly

  • Be ready for longer days on market depending on price tier

  • Use data (like MAI, inventory, and DOM) to support your positioning

 

🛍️ What This Means for Buyers

It’s still a good moment to buy in Sisters — especially with price reductions giving buyers opportunity.

You benefit from:

  • Negotiation room

  • Longer days on market (less competition)

  • More motivated sellers

  • The ability to take your time and make strategic offers

But when the right home comes on at the right price? Move quickly.

 

Final Takeaway: A Balanced Market With Opportunity on Both Sides

Sisters is showing classic signs of balanced winter conditions: Low inventory + moderate demand + long DOM + high price reductions = A market where the prepared, informed buyer or seller wins.

 

Based on live data from Altos Research

 

Meg Anderson

Meg Anderson

Advisor | License ID: 201258289

+1(541) 588-2642

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