VWP Real Estate
Redmond, WA 98053
Single-Family Homes
We're here to help you make informed decisions, not rushed ones.
Redmond, WA 98053
Sat Oct 10 2026
This week the median list price for Redmond, WA 98053 is $1,550,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has decreased to 84.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer'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
| Median List Price | $1,550,000 | |
| Median Price of New Listings | $1,399,000 | |
| Per Square Foot | $568 | |
| Average Days on Market | 84 | |
| Median Days on Market | 70 | |
| Price Decreased | 40% | |
| Price Increased | 0% | |
| Relisted | 27% | |
| Inventory | 84 | |
| Median Rent | ||
| Market Action | 29 | |
| Slight Buyer's Advantage | ||
We continue to see prices in this zip code hover around their high point. Look for a persistent 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 |
|---|---|---|---|---|---|---|---|---|
| $2,550,000 | 4,485 | 1 - 2.5 acres | 4 | 3.5 | 25 | 2 | 3 | 70 |
| $1,800,000 | 3,530 | 0.5 - 1 acre | 4 | 2.8 | 23 | 2 | 2 | 70 |
| $1,349,950 | 2,510 | 4,500 - 6,500 sqft | 3 | 2.5 | 25 | 3 | 2 | 91 |
| $1,000,000 | 1,670 | 4,500 - 6,500 sqft | 2 | 2 | 23 | 2 | 4 | 63 |