Altos Market Data for Realtors

Redmond, WA

Condos/Townhomes

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Redmond, WA

Tue Oct 06 2026
This week the median list price for Redmond, WA is $600,994 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has decreased to 94. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Redmond, WA

Tue Oct 06 2026
This week the median list price for Redmond, WA is $600,994 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has decreased to 94. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Redmond market.
Median List Price $600,994
Median Price of New Listings $805,000
Per Square Foot $493
Average Days on Market 112
Median Days on Market 70
Price Decreased 49%
Price Increased 0%
Relisted 14%
Inventory 94
Median Rent
Market Action 31
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change 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
$900,000 1,561 0 - 4,500 sqft 2 3 19 2 3 70
$725,000 1,355 - 3 3 24 1 3 63
$514,950 1,131 - 2 2 47 1 5 84
$350,000 827 - 2 1 47 0 3 77