Redmond, WA Home Values & Market Trends
Real estate market trends reflect that there have been 887 transactions over the past year in Redmond. The median value for residential home transactions that occurred over the previous year is $1,384,340.4. The number of current listings in Redmond is 8, and the percentage of properties for sale in the city is 8.00%. Redmond, WA currently has 13 properties in foreclosure, 0 bank owned properties, 12 properties headed for auction, and 8 properties for sale.
Redmond, WA Real Estate Market Overview
Housing Market Summary for Redmond, WA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $1M | $1.2M | 21.35% |
Median Sold Price | $1.2M | $1.2M | 2.66% |
Homes For Sale | 10 | 9 | -10.00% |
Homes Sold | 480 | 546 | 13.75% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Redmond, WA
Browse Homes in Redmond, WA
Redmond home values range from $22,537 to $45,135,792. The median estimated value of a home in Redmond is $1,384,340.4. The median list price of a home is 1,107,500, and the total count of properties in the city is 25,772.
- Pre-ForeclosurePre-foreclosure homes account for 0.00% of all residential properties in Redmond, WA with 98052 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Redmond, WA; of those zips, the estimated home value for pre-foreclosure homes ranges from $792,471 in 98052 to the lowest home value of $792,471 in 98052.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Redmond, WA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Redmond, WA. There are 2 zips within Redmond, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions98052 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Redmond, WA. Auction homes and other auction properties account for 0.05% of all properties in Redmond, WA. There are 2 zips within Redmond, WA; of those zips, the median estimated home value for homes going to auction ranges from $1,936,500 in 98053 to the lowest value of $565,533 in 98053.
Compare Nearby Cities
More Real Estate Resources for Redmond, WA
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