Just a quick update on 2011 Home Prices in Redmond 98052 Year to Date and the 3rd Quarter Sold Prices.
Home prices are stable comparing 3rd Quarter with year to date. That may change in the 4th Quarter. Asking prices of homes for sale are a little on the high side, except for newer 4 bedroom homes.
Single Family Homes selling between $399,000 and $660,000 as the median price, depending on age and style of home.
Highest sale this year:
Lowest sale this year (with at least 3 bedrooms)
Two Story Homes built in 2000 or later with at least 4 bedrooms and 2,300+ square feet.
46 for sale - median asking price $650,000
75 sold Year to Date - median sold price $660,000
44 sold in the 3rd Quarter - at a median price of $650,000.
Pretty consistent as to price, but volume way down in the 3rd quarter. Likely because the builders are moving out with very few lots left to build on . They are going up to 98053 and over to Sammamish.
Switching to 3 bedrooms, same parameters as to year built and home style.
Only 4 sold in the 3rd quarter. Only 9 sold this year to date. Only 7 for sale. Not a market for it.
Looking at built before 2000, 2300 sf or more, any style of home Redmond 98052
41 for sale - median asking price $600,000
107 sold Year to Date - medain sold price $545,000
38 sold in the 3rd Quarter - median sold price $550,000
Homes of any age smaller than 2300 sf with at least 3 bedrooms (not including townhomes)
59 for sale - median asking price $430,000
167 sold Year to Date - median sold price $385,000
62 sold in the 3rd Quarter - median sold price $390,000
Statistics are not compiled, verified or published by The Northwest Multiple Listing Service.