Report: Area home prices down

Median prices of single-family homes fell last month in Bend and Redmond, according to figures released Friday by the Bratton Appraisal Group.

Bend’s median price dropped to $267,000 in December, down from $295,000 in November, according to the Bratton Report. In December 2012, the median price was $248,000.

Last month, 149 single-family homes sold in Bend, a decline from 165 in November.

Redmond’s median price for a single-family home dropped to $165,000 in December, from the $200,000 median recorded in November, according to the report.

Sales of single-family homes in Redmond reached 52, an increase of one over November sales.

New businesses heading to Bend

Three new businesses have, or plan to, open in downtown Bend, according to the Bend Downtown Business Association.

Interior design firm Legum Design has moved into 922 N.W. Bond St., formerly occupied by Bend Mapping and Blueprint, according to a news release from the association.

Dogwood Cocktail Cabin will be opening at 147 N.W. Minnesota Ave., in the former home of Astro Lounge.

And BendModern, a store featuring vintage mid-century modern furniture and collectibles, plans to officially open by Feb. 1 at 1000 N.W. Wall St., Suite 280.

— Bulletin staff report