Your Local Market Report

Redmond, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Redmond, WA

Mon Sep 28 2020
This week the median list price for Redmond, WA is $1,307,500 with the market action index hovering around 74. This is an increase over last month's market action index of 68. Inventory has held steady at or around 62. 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.

Strong Seller's Market

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

Mon Sep 28 2020
This week the median list price for Redmond, WA is $1,307,500 with the market action index hovering around 74. This is an increase over last month's market action index of 68. Inventory has held steady at or around 62. 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.

Strong Seller's Market

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 $1,307,500
Per Square Foot $439
Days on Market 67
Price Decreased 24%
Price Increased 3%
Relisted 5%
Inventory 62
Median Rent $2,455
Most Expensive $6,500,000
Least Expensive $379,950
Market Action 74
Strong Seller's Market

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