The median list price in REDMOND, WA this week is $589,000 the median sales price was $493,000 the 453 properties have been on the market for an average of 201 days. The Market Action Index has been basically flat recently, and days-on-market decreasing, there are not strong signals for the direction of the market. Supply and Demand The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes. In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.
As of 4/26/10 here are the real estate home sales stats for the Redmond WA 98052 and 98053 Neighborhoods in Redmond, Washington. The home sales listed here are from the last 7 days to give a better reflection of what is going on in the neighborhood during any given week.
| Active: 416 | Pending: 177 | Sold: 23 | Other: 0 | Total: 616 |
| Bedrooms | Bath | Sqft | List Price | Selling Price | DOM | |
| Minimum | 1 | 1.00 | 710 | $149,950 | $377,000 | 0 |
| Average | 4 | 2.67 | 2,694 | $651,918 | $490,709 | 87 |
| Median | 4 | 2.50 | 2,500 | $562,750 | $493,000 | 56 |
| Maximum | 6 | 9.50 | 13,500 | $4,925,000 | $634,000 | 1032 |
| Total Dollar Value | $11,286,300 |
| Average DOM Breakdown and Average % of List Price received on Solds by Market time: |
| 0-30 Days | 31-60 Days | 61-90 Days | 91-120 Days | 120+ Days | |
| No. of Listings | 17 | 4 | 2 | 0 | 0 |
| Breakdown % | 73.91 | 17.39 | 8.70 | 0.00 | 0.00 |
| Avg SP % LP | 98.28 | 97.10 | 96.88 | 0.00 | 0.00 |
For a complete list of homes for sale in the Downtown Redmond, Education Hill, English Hill Neighborhoods of the Redmond Washington real estate market, please call or Click here, to request an update.
If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 206-818-8816 or Click here to send me an e-mail requesting further information.
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