Bend median home price up less than 1 percent

Published 12:37 am Thursday, October 15, 2015

The median price for a single-family home in Bend rose again in September, by less than 1 percent over August, according to a monthly report released Thursday.

In Redmond, the median price rose by 4 percent over the same period, according to the report from the Beacon Appraisal Group of Redmond.

The median price of single-family homes in Bend reached $348,000 in September. The median price in Redmond rose to $228,000. The median price equals the midpoint, with half the prices above it and half below.

In August, the median price in Bend was $345,000; in September 2014 it was $282,000, according to The Beacon Report. Bend recorded 224 single-family home sales last month, 20 fewer than in August and 34 more than in September 2014.

Redmond’s median home price in August was $219,000. In September 2014, the median price for a single-family home in Redmond was $218,000, according to the report. Redmond recorded 92 home sales last month, four more than in August and 12 more than in September 2014.