Home prices on the rise
The median price of a single-family home rose last month in Bend and Redmond, according to figures released Monday by the Bratton Appraisal Group.
Bend’s median price increased to $271,000 in February, up $5,000 from January, according to the Bratton Report. In February 2013, the median price was $235,000.
Last month, 132 single-family homes sold in Bend, an increase of 31 sales over January.
Redmond’s median home price jumped to $187,000 in February, an increase of $29,000 from January’s median price, according to the report.
Sales of single-family homes last month in Redmond reached 50, an increase of 15 sales over January.