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Redmond Market Trends

Today, December 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 $617,986 for the week ending Nov 25, which represents an increase of 0.6%, or $3,922, compared to the prior week and an increase of 1.5%, or $9,326, compared to the week ending Nov 04. 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, Downtown, North Redmond, 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
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom$232,563+0.9%$230,565$229,208$241,197
2 bedrooms$384,129-0.4%$385,730$389,634$391,393
3 bedrooms$519,978+0.2%$519,182$510,949$498,004
4 bedrooms$843,133+1.2%$833,092$834,567$864,307
All properties$617,986+0.6%$614,064$604,119$608,660
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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
Nov 25
w-o-w Week ending
Nov 18
Week ending
Nov 11
Education Hill 1 +1 2 2
Grass Lawn 2 -1 1 1
Viewpoint 3 +1 4 3
Downtown 4 +1 5 5
North Redmond 5 +1 6 4
Willow - Rose Hill 6 -3 3 6

Homes for Sale in Redmond

9017 158th Place Northeast, Redmond WA
9017 158th…
$379,500
3 br  2 ½ ba
9805 Avondale Road Northeast, Redmond WA
9805 Avond…
$154,950
1 br  1 ba
2930 288th Avenue NE, Redmond WA
2930 288th…
$399,000
 
15940 Northeast 95th Way, Redmond WA
15940 NE 9…
$449,000
2 br  2 ½ ba
4050 West Lake Sammamish Parkway NE #106, Redmond WA
4050 W Lake…
$180,000
1 br  1 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
$707,123
Woodinville
$563,042
$741,308
Sammamish
$568,500
$770,853
Bothell
$354,975
$411,079
Beaux Arts
$825,000
$1,736,476
Yarrow Point
$1,075,000
$4,959,577

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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.