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Redmond Market Report

$1,151,329

AVERAGE PRICE OF 308 HOMES

$1,425,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,635,278

AVERAGE PRICE OF 146 MULTI-MILLION DOLLAR HOMES

$1,432,355

AVERAGE PRICE OF 74 NEWLY BUILT HOMES

$2,364,975

AVERAGE PRICE OF 2 HOMES WITH A POOL

$1,102,982

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $1,151,329
Avg Bedrooms 3.5 beds
Avg Bathrooms 2.65 baths

Average Price by Bedrooms

1 bedroom $488,737
2 bedrooms $599,169
3 bedrooms $879,097
4 bedrooms $1,462,631
5 bedrooms $1,469,083
Redmond Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 287 238 242 197 145
Average Price $1,159,529 $1,162,205 $1,124,350 $1,123,322 $1,193,977
Avg Price Change -0.23% +3.37% +0.09% -6.29% +7.50%
Median Price $988,743 $1,002,429 $963,716 $953,707 $1,080,218
Med Price Change -1.38% +4.02% +1.05% -13.27% +14.40%
Avg Bedrooms 3.54 beds 3.51 beds 3.43 beds 3.41 beds 3.5 beds
Avg Bathrooms 2.68 baths 2.7 baths 2.67 baths 2.68 baths 2.73 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 15 $1,100,087 67 days
Eastlake High 29 $1,545,628 61 days
Lake Wash High 51 $1,065,991 49 days
Redmond High 97 $1,338,509 89 days
Y 72 $859,896 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 308 $1,151,329 67 days
Distressed Homes 1 $1,425,000 74 days
Multi-Million Dollar Homes 146 $1,635,278 89 days
Newly Built Homes 74 $1,432,355 132 days
Homes with a Pool 2 $2,364,975 80 days
Reduced Price Homes 17 $1,102,982 37 days

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eXp Realty - The Adam Home Team
Adam Cothes
2211 Elliott Ave Suite 200
Seattle, WA 98121
425-577-2676

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.