home sales market data housing real estate redmond: Home Sales Report for Redmond WA 07/06/10 - 07/06/10 12:46 PM
The median list price in Redmond, WA this week is $599,825 the median sales price was $457,000 the 496 properties have been on the market for an average of 148 days. The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market. Supply and Demand Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, … (0 comments)