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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

    $1,653,608

    AVERAGE PRICE OF 220 HOMES

    $2,297,874

    AVERAGE PRICE OF 131 MULTI-MILLION DOLLAR HOMES

    $1,608,029

    AVERAGE PRICE OF 44 NEWLY BUILT HOMES

    $3,665,000

    AVERAGE PRICE OF 2 HOMES WITH A POOL

    $1,382,327

    AVERAGE PRICE OF 18 REDUCED PRICE HOMES

    Average Home

    Average Price $1,653,608
    Avg Bedrooms 2.9 beds
    Avg Bathrooms 2.77 baths

    Average Price by Bedrooms

    1 bedroom $458,808
    2 bedrooms $844,773
    3 bedrooms $1,279,117
    4 bedrooms $1,833,541
    5 bedrooms $3,204,799
    Redmond Home Price Trends
      8/2023 7/2023 6/2023 5/2023 4/2023
    Total Listings 232 217 196 175 154
    Average Price $1,693,594 $1,775,608 $1,842,742 $1,793,213 $1,794,090
    Avg Price Change -4.84% -3.78% +2.76% -0.05% +3.98%
    Median Price $1,184,330 $1,322,722 $1,375,102 $1,269,871 $1,274,266
    Med Price Change -11.69% -3.96% +8.29% -0.35% +2.84%
    Avg Bedrooms 2.99 beds 2.98 beds 3.07 beds 3 beds 3.07 beds
    Avg Bathrooms 2.78 baths 2.71 baths 2.73 baths 2.73 baths 2.72 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Buyer To Verify 22 $1,305,625 114 days
    Cedarcrest High 7 $5,486,850 82 days
    Eastlake High 40 $1,691,882 65 days
    Lake Wash High 42 $1,621,877 39 days
    Redmond High 57 $1,410,140 51 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 220 $1,653,608 61 days
    Multi-Million Dollar Homes 131 $2,297,874 71 days
    Newly Built Homes 44 $1,608,029 59 days
    Homes with a Pool 2 $3,665,000 70 days
    Reduced Price Homes 18 $1,382,327 42 days

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