The median sales price of a single-family home in Bend hit $800,000 in July.

In Redmond, the median sales price of a single-family home rose to $500,000 in July, still below the peak hit in August 2022 when it rose to $542,000 according to the monthly report produced by the Beacon Appraisal Group in Redmond.

The report uses the median sales price, which measures the midpoint value of all transactions in a month.

Like Bend, Redmond has about a two-month supply of homes on the market.

The $600,000 to $700,000 market in Redmond has a seven-month supply of homes for sale, according to the report.

In Sisters, the median sales price of a single-family home dropped to $685,000 in July, down from $773,000 in June, according to the report.

There is a three-month supply of homes on the market, the same as in June, according to the report.

The median sales price of a single-family home in July in Sunriver was $980,000, down from the $1.1 million price in June, according to the report.

Sunriver has a two-month supply of inventory on the market, the same as the prior month, according to the report.

And in La Pine, the median sales price of a single-family home was $430,000 in July, up a tad from June when the price was $429,000, according to the report.

The community has about five months worth of inventory for sale, the same as the prior month, according to the report.

Bend’s single-family home sales continued to climb in July with about a third of the sales in the million-dollar or more range, according to a monthly real estate report.

The median sales price of a single-family home in Bend jumped to $800,000 in July, compared to $785,000 in June.

The current median sales price is the highest it’s ever been in Bend.

The record median sales price at its previous high was $773,000 set in March 2022.

“Bend has been moving in this higher price direction since 2020,” said Donnie Montagner, owner of Beacon Appraisal Group.

Bend’s home prices rise, Redmond’s remain stable

Bend home prices tick up, with nearly a quarter of sales $1 million or more