REDMOND, Ore. (KTVZ) – Actual property markets have their ups and downs, however amid recent-record inflation and rate of interest hikes, the median residence gross sales worth in Bend and Redmond went in reverse instructions final month, the Beacon Appraisal Group reported Friday.
Whereas Bend’s median gross sales worth dropped by $45,000 to $717,000 in August, Redmond set one more document, as its median worth rose $37,000 to a median $542,000, the report stated.
Appraiser Donnie Montagner famous that the Bend and Redmond residence stock rose to about two months, a degree not seen in over two years.
Here is Beacon Appraisal’s full report for August 2022:
KTVZ NewsChannel 21 is dedicated to offering a discussion board for civil and constructive dialog.
Please hold your feedback respectful and related. You possibly can evaluate our Neighborhood Tips by clicking right here
If you want to share a narrative concept, please submit it right here.
REDMOND, Ore. (KTVZ) – Actual property markets have their ups and downs, however amid recent-record inflation and rate of interest hikes, the median residence gross sales worth in Bend and Redmond went in reverse instructions final month, the Beacon Appraisal Group reported Friday.
Whereas Bend’s median gross sales worth dropped by $45,000 to $717,000 in August, Redmond set one more document, as its median worth rose $37,000 to a median $542,000, the report stated.
Appraiser Donnie Montagner famous that the Bend and Redmond residence stock rose to about two months, a degree not seen in over two years.
Here is Beacon Appraisal’s full report for August 2022:
KTVZ NewsChannel 21 is dedicated to offering a discussion board for civil and constructive dialog.
Please hold your feedback respectful and related. You possibly can evaluate our Neighborhood Tips by clicking right here
If you want to share a narrative concept, please submit it right here.
