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Redmond Market Trends

Today, February 9, 2010

Median Sales Price in Redmond

Embed Info
1 yr 5 yr Max
Redmond median sales prices
Number of sold homes in Redmond
No. BedroomsNov - Jan '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$259,900+35.0%$193,000$192,500$93,126
2 bedrooms$317,000-10.2%$351,000$353,125$263,900
3 bedrooms$480,000-3.2%$498,600$496,000$318,900
4 bedrooms$650,000-4.7%$614,000$682,000$498,000
All properties$510,000+3.0%$525,000$495,022$372,705
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Redmond Summary

The median sales price for homes in Redmond WA for Nov 08 to Jan 09 was $510,000. This represents a decline of 2.9%, or $15,000, compared to the prior quarter and an increase of 3% compared to the prior year. Sales prices have appreciated 36.8% over the last 5 years in Redmond.

The average listing price for Redmond homes for sale on Trulia was $565,566 for the week ending Feb 03, which represents an increase of 0.9%, or $4,839, compared to the prior week and a decline of 7.5%, or $45,668, compared to the week ending Jan 13. Average price per square foot for Redmond WA was $245, a decrease of 14.3% compared to the same period last year. Popular neighborhoods in Redmond include Education Hill, Viewpoint, Grass Lawn, Willow - Rose Hill, North Redmond, and Bear Creek.

 

Average Listing Price in Redmond

Embed Info
1 yr 5 yr Max
Redmond average property price
Redmond – number of properties
No. BedroomsWeek ending
Feb 3
w-o-wWeek ending
Jan 27
Week ending
Jan 20
Week ending
Jan 13
1 bedroom$218,737-0.9%$220,617$217,471$217,819
2 bedrooms$371,082+0.5%$369,394$364,669$371,472
3 bedrooms$465,014+1.2%$459,600$483,129$490,560
4 bedrooms$782,870+0.7%$777,049$839,866$836,490
All properties$565,566+0.9%$560,727$600,602$611,234
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Average Price Per Sqft for Homes in Redmond

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1 yr 5 yr Max
Redmond average price per square foot
No. BedroomsNov - Jan '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$327+16.8%$322$280$128
2 bedrooms$254-12.1%$293$289$193
3 bedrooms$269-11.5%$321$304$180
4 bedrooms$227-8.1%$237$247$169
All properties$245-14.3%$280$286$184
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Popular Neighborhoods in Redmond

Neighborhoods Week ending
Feb 3
w-o-w Week ending
Jan 27
Week ending
Jan 20
Education Hill 1 — 1 1
Viewpoint 2 +1 3 2
Grass Lawn 3 -1 2 3
Willow - Rose Hill 4 — 4 4
North Redmond 5 +3 8 6
Bear Creek 6 +1 7 7

Homes for Sale in Redmond

2005 250th Place Northeast, Redmond WA
2005 250th…
$1,849,500
5 br  5 ½ ba
27734 Northeast 30th Street, Redmond WA
27734 NE 3…
$519,950
3 br  2 ½ ba
8813 221st Avenue NE, Redmond WA
8813 221st…
$550,000
4 br  2 ½ ba
11505 176th Court Northeast, Redmond WA
11505 176th…
$695,950
4 br  2 ba
16640 Northeast 119th Way, Redmond WA
16640 NE 1…
$699,950
4 br  4 ba
16640 Northeast 119th Way, Redmond WA
16640 NE 1…
$729,950
5 br  3 ba
View all Redmond Homes for Sale
 
Stats & Trends
Redmond

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Neighborhoods

Education Hill

Viewpoint

View more neighborhoods or ZIPs
  • Bear Creek
  • Downtown
  • Education Hill
  • Grass Lawn
  • North Redmond
  • Overlake
  • Sammamish Valley
  • Southeast Redmond
  • Viewpoint
  • Willow - Rose Hill
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  • 98052
  • 98053
  • 98073
  • 98074
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Nearby Cities

Cities
Median
sales price
Average
listing price
Kirkland
$470,000
$602,256
Woodinville
$563,042
$621,942
Sammamish
$568,500
$675,736
Bothell
$354,975
$404,138
Beaux Arts
$825,000
$1,379,960
Yarrow Point
$1,075,000
$5,038,315

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.