Altos Market Data for Realtors

Redmond, WA

Single-Family Homes

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Redmond, WA

Thu May 14 2026
This week the median list price for Redmond, WA is $1,650,000 with the market action index hovering around 40. This is less than last month's market action index of 44. Inventory has increased to 137. Click here to stay informed with the Redmond market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Redmond, WA

Thu May 14 2026
This week the median list price for Redmond, WA is $1,650,000 with the market action index hovering around 40. This is less than last month's market action index of 44. Inventory has increased to 137. Click here to stay informed with the Redmond market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Redmond market.
Median List Price $1,650,000
Median Price of New Listings $1,621,800
Per Square Foot $644
Average Days on Market 50
Median Days on Market 35
Price Decreased 34%
Price Increased 0%
Relisted 13%
Inventory 137
Median Rent
Market Action 40
Slight Seller's Advantage

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,975,000 4,403 0.5 - 1 acre 4 4 21 8 3 42
$1,850,000 2,970 6,500 - 8,000 sqft 4 3 27 4 5 35
$1,550,000 2,440 0.25 - 0.5 acre 4 3 33 9 0 35
$1,249,975 1,780 8,000 - 10,000 sqft 3 2.1 45 5 2 21