Saturday, June 16, 2012

Bend’s Median Home Price Rises


Published: June 16. 2012 4:00AM PST Bend Bulletin

The median price for a single-family home last month in Bend rose to $234,000, the highest level in more than three years, according to a report released Friday by the Bratton Appraisal Group.

Bend’s median home price has seesawed — rising for several months, then declining for several — for much of the last three years, according to the Bratton Report. But it has not climbed near the $234,000 mark since the beginning of 2009, when it was $233,000. The report showed 173 single-family homes sold last month in Bend, about the same number of sales in both April and March.

The median price in Redmond last month reached $126,000, and 56 single-family homes were sold, according to the report.

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