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Bend median home price rises

Published: November 15. 2012 4:00AM PST

The median price for a single-family home in Bend rose to $230,000 in October, a $10,000 increase over September’s median, according to figures released Tuesday by the Bratton Appraisal Group.

Sales of single-family homes in Bend reached 177 in October, 10 more than in September, according to the Bratton Report. Inventory as of Tuesday stood at 2 months.

In Redmond, the median price dropped in October for the second straight month, to $139,000. It was $145,000 in September and $155,000 in August. Single-family home sales increased in Redmond by nine, from 43 in September to 52 last month, and inventory was at 2½ months.

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