The median home price in Bend increased about 8 percent from May to June, while Redmond’s median dropped nearly 3 percent, according to a report released Wednesday by the Bratton Appraisal Group.
In June, the median price for a single-family home in Bend rose to $281,000, an increase of $21,000 over May’s median price, according to the report. Last month, 228 single-family homes sold in Bend, a 21-sale decline over May.
The median price for a single-family home in Redmond last month dropped to $177,000, a decline of $5,000 over May’s median price. Sales in Redmond increased to 75 single-family homes, 14 more than in May.
While median prices fluctuate from month to month, they have maintained an upward trend recently in both cities.
— Bulletin staff report