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Redmond

Why you'd want to live in Redmond

Redmond is the seventh most populous city in King County and the sixteenth most populous city in the State of Washington, with a residential population of approximately 69,900 in 2020. It encompasses an area of over 17.14 square miles and is located less than 20 miles east of downtown Seattle at the north end of Lake Sammamish. The city prides itself for its high quality of life with good schools, a healthy economic base, a parks system that provides a variety of active and passive recreational opportunities, diverse offerings for shopping and dining, safe neighborhoods, and an emphasis on quality development and protection of the natural environment. via redmond.gov

Redmond Market Report

$1,586,489

AVERAGE PRICE OF 238 HOMES

$685,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,104,201

AVERAGE PRICE OF 153 MULTI-MILLION DOLLAR HOMES

$2,050,597

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$3,691,875

AVERAGE PRICE OF 8 HOMES WITH A POOL

$1,321,162

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $1,586,489
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.84 baths

Average Price by Bedrooms

1 bedroom $433,890
2 bedrooms $747,020
3 bedrooms $1,337,530
4 bedrooms $2,124,262
5 bedrooms $2,517,943
Redmond Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 275 308 319 n/a n/a
Average Price $1,564,196 $1,599,084 $1,586,409 n/a n/a
Avg Price Change -2.23% +0.80% n/a n/a n/a
Median Price $1,321,359 $1,425,734 $1,423,737 n/a n/a
Med Price Change -7.90% +0.14% n/a n/a n/a
Avg Bedrooms 3.08 beds 3.12 beds 3.14 beds n/a n/a
Avg Bathrooms 2.79 baths 2.79 baths 2.78 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 47 $1,583,689 71 days
Eastlake High 14 $2,519,286 57 days
Lake Wash High 30 $1,436,245 47 days
Mount Si High 10 $1,906,895 32 days
Redmond High 75 $1,535,863 53 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 238 $1,586,489 64 days
Distressed Homes 1 $685,000 13 days
Multi-Million Dollar Homes 153 $2,104,201 68 days
Newly Built Homes 18 $2,050,597 72 days
Homes with a Pool 8 $3,691,875 39 days
Reduced Price Homes 23 $1,321,162 53 days

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Molly Haines
11901 NE Village Plaza #271
Kirkland, WA 98034
206-498-4137

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 2021 NWMLS.
Properties with the NWMLS icon are courtesy of Northwest MLS.
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