Prices Continue Decline

The median sale price for residential properties in the greater Bend area fell to $330,000 in October, according to data from the MLS of Central Oregon. Existing homes saw the biggest drop in prices, with a reported median sale price of $313,000 in October, down 19% from a year earlier and 5% from September. New home prices were also lower, with the median sale price for October reported to be $378,000, compared to $391,300 in September.