Your Local Market Report

Redmond, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Redmond, WA

Fri Sep 25 2020
This week the median list price for Redmond, WA is $1,340,000 with the market action index hovering around 72. This is an increase over last month's market action index of 67. Inventory has held steady at or around 59. 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

Fri Sep 25 2020
This week the median list price for Redmond, WA is $1,340,000 with the market action index hovering around 72. This is an increase over last month's market action index of 67. Inventory has held steady at or around 59. 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 $1,340,000
Per Square Foot $440
Days on Market 80
Price Decreased 17%
Price Increased 3%
Relisted 5%
Inventory 59
Median Rent $2,455
Most Expensive $6,500,000
Least Expensive $250,000
Market Action 72
Strong Seller's Market

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