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Redmond Market Trends

Today, November 7, 2009

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 $604,862 for the week ending Oct 28, which represents a decline of 1.5%, or $9,486, compared to the prior week and a decline of 2.1%, or $12,729, compared to the week ending Oct 07. 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, Grass Lawn, Viewpoint, Bear Creek, Overlake, and Willow - Rose Hill.

 

Average Listing Price in Redmond

Embed Info
1 yr 5 yr Max
Redmond average property price
Redmond – number of properties
No. BedroomsWeek ending
Oct 28
w-o-wWeek ending
Oct 21
Week ending
Oct 14
Week ending
Oct 7
1 bedroom$238,811-1.0%$241,162$242,353$241,261
2 bedrooms$389,882-1.3%$395,107$403,822$409,365
3 bedrooms$500,501-3.5%$518,634$521,727$512,534
4 bedrooms$851,526-1.0%$859,997$848,648$837,180
All properties$604,862-1.5%$614,348$620,479$617,591
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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
Oct 28
w-o-w Week ending
Oct 21
Week ending
Oct 14
Education Hill 1 — 1 1
Grass Lawn 2 — 2 2
Viewpoint 3 +2 5 4
Bear Creek 4 +3 7 7
Overlake 5 -1 4 3
Willow - Rose Hill 6 -3 3 8

Homes for Sale in Redmond

6049 139th Avenue NE #145, Redmond WA
6049 139th…
$169,950
2 br  1 ½ ba
14615 Northeast 64th Street, Redmond WA
14615 NE 6…
$433,950
3 br  1 ½ ba
17237 Northeast 25th Court, Redmond WA
17237 NE 2…
$489,000
3 br  2 ½ ba
16812 Northeast 107th Street, Redmond WA
16812 NE 1…
$465,000
5 br  2 ½ ba
711 278th Avenue NE, Redmond WA
711 278th…
$960,000
4 br  2 ba
13310 Northeast 111th Court, Redmond WA
13310 NE 1…
$499,950
2 br  1 ba
View all Redmond Homes for Sale
 
Stats & Trends
Redmond

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Neighborhoods

Education Hill

Grass Lawn

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
$735,611
Woodinville
$563,042
$720,624
Sammamish
$568,500
$756,759
Bothell
$354,975
$407,814
Beaux Arts
$825,000
$1,242,033
Yarrow Point
$1,075,000
$4,105,068

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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.