August home prices up in Bend, down in Redmond

Published 4:21 pm Thursday, September 17, 2015

The median price for a single-family home in Bend rose again in August, by 4.23 percent over July, according to a monthly report released Thursday.

In Redmond, the median price fell by 4.33 percent over the same period, according to the report from the Beacon Appraisal Group of Redmond.

The median price of single-family home in Bend reached $345,000. The median price in Redmond dipped to $219,000. The median price equals the midpoint, with half the prices above it and half below.

In July, the median price in Bend was $331,000; in August 2014 it was $325,000, according to The Beacon Report. Bend recorded 244 single-family home sales last month, four fewer than in July and 21 more than in August 2014.

Redmond’s median home price fell by $10,000 in August to $219,000. In August 2014, the median price for a single-family home in Redmond was $210,000, according to the report. Redmond recorded 88 home sales last month, one more than in July and three sales more than in August 2014.