Bend home sales slowed in September

Published 5:35 am Wednesday, October 11, 2017

The median sale price of a single-family home in the Bend area was $418,000 in September, according to the Beacon Report from Beacon Appraisal Group of Redmond.

That was up almost 1 percent from $414,000 in August and up 8.5 percent from $385,000 in September 2016.

The total number of sales was 206, compared with 229 a year ago.

Homes spent an average 80 days on the market, compared with 86 days a year ago.

The Redmond area median dropped from $294,000 in August to $287,000 last month. The September median is still 10 percent above $260,000 in September 2016.

Redmond closed 83 transactions in September, compared with 95 a year ago. Homes spent an average 92 days on the market versus 88 days a year ago.

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