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Bend’s median home price is flat

Published: February 19. 2013 4:00AM PST

The median price for a single-family home in Bend last month did not change from December’s median of $248,000, according to the most recent report from the Bratton Appraisal Group.

In January 2012, Bend’s median home price was $186,000, according to the Bratton Report.

Sales of single-family homes in Bend reached 113 in January, 36 fewer than in December, but nearly the same number as in January 2012. Inventory, as of Wednesday, stood at about 2 months.

In Redmond, the median price rose in January to $162,000, an increase of nearly 17 percent over December’s median and 62 percent over January 2012.

The 37 single-family home sales last month equaled a nearly 50 percent drop over December’s 72 sales, and about a 21 percent decrease from January 2012. Inventory in Redmond remained at about 2½ months.

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