Both cities see increases of more than 18 percent year over year
The median price for a single-family home in Bend rose 5.2 percent last month over March, according to a report released Saturday, while the median price in Redmond fell 1.2 percent month over month.
Both cities, however, saw increases in median price year over year.
Bend’s median price rose to $365,000 in April, or $18,000 above the median price in March, according to The Beacon Report. Last month’s median was about 18.1 percent higher than the median price for a single-family home in Bend in April 2015, according to the report from the Beacon Appraisal Group.
The median price equals the midpoint, with half the prices above it and half below.
Bend recorded 205 home sales last month, 20 more than in March and two more than in April 2015.
In Redmond, the median price for a single-family home was $247,000 last month, $3,000 less than in March. April’s median price, however, was nearly 19 percent higher than the median price in April 2015, according to the report.
Redmond recorded 63 home sales last month, 18 fewer than in March, and one more than sold in April 2015, according to The Beacon Report.