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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

    $1,769,680

    AVERAGE PRICE OF 155 HOMES

    $2,359,363

    AVERAGE PRICE OF 100 MULTI-MILLION DOLLAR HOMES

    $2,329,346

    AVERAGE PRICE OF 8 NEWLY BUILT HOMES

    $1,920,000

    AVERAGE PRICE OF 2 HOMES WITH A POOL

    $614,950

    AVERAGE PRICE OF 1 REDUCED PRICE HOMES

    Average Home

    Average Price $1,769,680
    Avg Bedrooms 3.02 beds
    Avg Bathrooms 2.68 baths

    Average Price by Bedrooms

    1 bedroom $445,960
    2 bedrooms $825,289
    3 bedrooms $1,501,327
    4 bedrooms $1,798,724
    5 bedrooms $3,019,544
    Redmond Home Price Trends
      2/2023 1/2023 12/2022 11/2022 10/2022
    Total Listings 150 141 158 201 231
    Average Price $1,613,639 $1,612,240 $1,639,506 $1,640,433 $1,642,815
    Avg Price Change +0.09% -1.69% -0.06% -0.15% +5.03%
    Median Price $1,168,704 $1,150,465 $1,181,838 $1,325,533 $1,383,630
    Med Price Change +1.59% -2.73% -12.16% -4.38% +4.71%
    Avg Bedrooms 2.85 beds 2.77 beds 2.87 beds 3.02 beds 3.14 beds
    Avg Bathrooms 2.6 baths 2.53 baths 2.63 baths 2.75 baths 2.82 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Buyer To Verify 21 $1,678,826 97 days
    Eastlake High 11 $3,140,182 87 days
    Lake Wash High 18 $1,095,349 29 days
    Mount Si High 10 $2,213,483 55 days
    Redmond High 47 $1,396,337 44 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 155 $1,769,680 63 days
    Multi-Million Dollar Homes 100 $2,359,363 63 days
    Newly Built Homes 8 $2,329,346 68 days
    Homes with a Pool 2 $1,920,000 69 days
    Reduced Price Homes 1 $614,950 75 days

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