Bend Realtor Kip Lohr says the local real estate market is a mix between a buyers and sellers market. There’s been about a 10 per cent increase in home sales this year, which could cause the average price to rise. And, there is a very limited number of homes on the market right now which could also cause a cost increase. On the other hand, interest rates are at a rediculously low rate, making it more inviting to make a purchase.