Bend median home price dips; Redmond’s rises

Home sales increase in both cities last month, report says


Published Jul 11, 2014 at 12:01AM / Updated Jul 11, 2014 at 06:31AM

The median price of a single-family home in Bend dipped last month, according to figures released Thursday by the Bratton Appraisal Group. But sales increased.

In June, the median price in Bend was $292,000, about 1.6 percent lower than May’s median price, according to the Bratton Report, but last month’s median was still nearly 4 percent higher than in June 2013. Sales in Bend last month reached 233 homes, an increase of 43 sales over May.

In Redmond, the median price of a single-family home climbed more than 2 percent last month, to $195,000, over May’s price. In June 2013, the median price in Redmond stood near $175,000. Ninety-one homes sold in Redmond in June, up from 66 the previous month.