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Redmond Market Report

$1,072,475

AVERAGE PRICE OF 233 HOMES

$531,414

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,550,401

AVERAGE PRICE OF 112 MULTI-MILLION DOLLAR HOMES

$1,528,909

AVERAGE PRICE OF 77 NEWLY BUILT HOMES

$3,800,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$1,448,767

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $1,072,475
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.7 baths

Average Price by Bedrooms

1 bedroom $342,682
2 bedrooms $674,628
3 bedrooms $839,889
4 bedrooms $1,266,831
5 bedrooms $1,744,351
Redmond Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 274 365 409 398 394
Average Price $1,059,461 $1,043,663 $1,056,788 $1,061,151 $1,095,554
Avg Price Change +1.51% -1.26% -0.41% -3.24% -2.17%
Median Price $925,111 $890,767 $917,747 $918,889 $976,572
Med Price Change +3.86% -3.03% -0.12% -6.28% -1.87%
Avg Bedrooms 3.47 beds 3.46 beds 3.45 beds 3.45 beds 3.49 beds
Avg Bathrooms 2.69 baths 2.65 baths 2.67 baths 2.67 baths 2.69 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 12 $815,235 69 days
Eastlake High 17 $1,272,046 90 days
Lake Wash High 41 $1,051,573 57 days
Mount Si High 5 $597,945 78 days
Redmond High 106 $1,178,984 107 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 233 $1,072,475 89 days
Distressed Homes 2 $531,414 257 days
Multi-Million Dollar Homes 112 $1,550,401 118 days
Newly Built Homes 77 $1,528,909 114 days
Homes with a Pool 1 $3,800,000 2 days
Reduced Price Homes 9 $1,448,767 69 days
Keller William Realty Bellevue / Barb Pexa & Associates
Barb Pexa
505 106Th Ave NE
Bellevue, WA 98004-5041
425-454-0911

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2016 NWMLS.
Properties with the NWMLS icon are courtesy of Northwest MLS.
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