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Redmond Market Report

$1,204,913

AVERAGE PRICE OF 215 HOMES

$1,225,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,722,493

AVERAGE PRICE OF 111 MULTI-MILLION DOLLAR HOMES

$2,069,228

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$3,585,200

AVERAGE PRICE OF 5 HOMES WITH A POOL

$423,333

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,204,913
Avg Bedrooms 3.36 beds
Avg Bathrooms 3.01 baths

Average Price by Bedrooms

1 bedroom $328,410
2 bedrooms $539,031
3 bedrooms $973,040
4 bedrooms $1,493,038
5 bedrooms $1,941,729
Redmond Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 182 n/a 125 167 267
Average Price $1,168,165 n/a $1,127,778 $1,160,309 $1,110,136
Avg Price Change n/a n/a -2.88% +4.52% +0.86%
Median Price $998,955 n/a $934,393 $948,950 $933,723
Med Price Change n/a n/a -1.56% +1.63% +1.38%
Avg Bedrooms 3.34 beds n/a 3.14 beds 3.26 beds 3.28 beds
Avg Bathrooms 2.98 baths n/a 2.94 baths 3.08 baths 3.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 18 $1,295,995 50 days
Eastlake High 16 $1,679,219 41 days
Lake Wash High 61 $993,251 29 days
Mount Si High 8 $1,623,125 20 days
Redmond High 75 $1,288,540 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 215 $1,204,913 39 days
Distressed Homes 1 $1,225,000 212 days
Multi-Million Dollar Homes 111 $1,722,493 44 days
Newly Built Homes 26 $2,069,228 117 days
Homes with a Pool 5 $3,585,200 30 days
Reduced Price Homes 3 $423,333 46 days

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