Redmond Market Trends


Median Sales Price in Redmond

 

1 yr 5 yr Max
Redmond median sales prices
Number of sold homes in Redmond
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $184,500 +15.5% $148,699 $159,750 $151,500
2 bedrooms $356,000 +11.2% $310,000 $320,000 $319,900
3 bedrooms $509,250 +9.5% $496,000 $464,950 $441,250
4 bedrooms $694,500 +2.1% $700,000 $680,000 $627,000
All properties $513,000 +2.6% $503,475 $499,900 $459,725
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Summary for Redmond


The median sales price for homes in Redmond WA for Feb 15 to May 15 was $513,000. This represents an increase of 1.9%, or $9,525, compared to the prior quarter and an increase of 2.6% compared to the prior year. Sales prices have appreciated 11.6% over the last 5 years in Redmond. The average listing price for Redmond homes for sale on Trulia was $757,515 for the week ending May 13, which represents an increase of 4.5%, or $32,551, compared to the prior week and an increase of 9.7%, or $66,743, compared to the week ending Apr 22. Average price per square foot for Redmond WA was $275, an increase of 4.2% compared to the same period last year. Popular neighborhoods in Redmond include Grass Lawn, Education Hill, Viewpoint, Overlake, North Redmond, and Willow - Rose Hill.

Average Listing Price in Redmond

 

Redmond average property price
Redmond – number of properties
No. Bedrooms Week ending
May 13
w-o-w Week ending
May 6
Week ending
Apr 29
Week ending
Apr 22
1 bedroom - - - - -
2 bedrooms $519,757 +7.0% $485,782 $571,800 $507,333
3 bedrooms $811,520 +3.3% $785,293 $635,571 $652,797
4 bedrooms $840,327 +3.2% $814,471 $810,027 $848,414
All properties $757,515 +4.5% $724,964 $700,438 $690,772
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Average Price Per Sqft. for Homes in Redmond

 

1 yr 5 yr Max
Redmond average price per square foot
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $255 +20.3% $166 $212 $213
2 bedrooms $276 +6.6% $259 $259 $246
3 bedrooms $290 +9.4% $270 $265 $224
4 bedrooms $264 -6.7% $253 $283 $225
All properties $275 +4.2% $259 $264 $228
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Popular Neighborhoods in Redmond


Neighborhoods Week ending
May 13
w-o-w Week ending
May 6
Week ending
Apr 29
Grass Lawn 1 1 4
Education Hill 2 2 1
Viewpoint 3 3 2
Overlake 4 4 5
North Redmond 5 5 3
Willow - Rose Hill 6 6 6
Homes for Sale in Redmond
View all Redmond Homes for Sale