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 Jun - Sep '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $161,000 +9.5% $150,000 $147,000 $186,250
2 bedrooms $356,975 +2.0% $329,500 $350,000 $325,000
3 bedrooms $507,500 -3.8% $475,000 $527,500 $449,000
4 bedrooms $720,000 +10.8% $686,500 $649,950 $577,000
All properties $565,000 +6.6% $503,500 $530,000 $461,000
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Summary for Redmond


The median sales price for homes in Redmond WA for Jun 14 to Sep 14 was $565,000. This represents an increase of 12.2%, or $61,500, compared to the prior quarter and an increase of 6.6% compared to the prior year. Sales prices have appreciated 22.6% over the last 5 years in Redmond. The average listing price for Redmond homes for sale on Trulia was $666,023 for the week ending Sep 10, which represents a decline of 0.7%, or $4,432, compared to the prior week and an increase of 1.2%, or $7,907, compared to the week ending Aug 20. Average price per square foot for Redmond WA was $272, an increase of 9.2% compared to the same period last year. Popular neighborhoods in Redmond include Grass Lawn, Education Hill, North Redmond, Viewpoint, Overlake, and Bear Creek.

Average Listing Price in Redmond

 

Redmond average property price
Redmond – number of properties
No. Bedrooms Week ending
Sep 10
w-o-w Week ending
Sep 3
Week ending
Aug 27
Week ending
Aug 20
1 bedroom $263,919 +17.8% $224,105 $204,725 $229,957
2 bedrooms $377,261 -3.2% $389,794 $391,947 $379,337
3 bedrooms $551,818 +1.7% $542,443 $557,501 $554,285
4 bedrooms $830,140 -0.7% $835,961 $798,225 $848,876
All properties $666,023 -0.7% $670,455 $666,135 $658,116
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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 Jun - Sep '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $313 +46.9% $211 $213 $282
2 bedrooms $274 +6.6% $292 $257 $266
3 bedrooms $285 +10.5% $275 $258 $237
4 bedrooms $257 +9.8% $259 $234 $214
All properties $272 +9.2% $271 $249 $237
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Popular Neighborhoods in Redmond


Neighborhoods Week ending
Sep 10
w-o-w Week ending
Sep 3
Week ending
Aug 27
Grass Lawn 1 +1 2 2
Education Hill 2 -1 1 1
North Redmond 3 +1 4 5
Viewpoint 4 +2 6 6
Overlake 5 5 4
Bear Creek 6 +1 7 7
Homes for Sale in Redmond
View all Redmond Homes for Sale