Redmond, WA
Housing market overview · Updated weekly
$1.53Mmedian sale price
Homes sold
32
Last 12 weeks
Days on market
28
Average pace
Active listings
100
3.1 months supply
Sale-to-list
99.4%
Below asking
The Redmond housing market is currently classified as a balanced market with a median sale price of $1.53M. Prices have risen 22.3% compared to last year, with homes spending an average of 28 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Redmond?
The median home sale price in Redmond is $1.53M, up 22.3% from last year.
How long do homes stay on market in Redmond?
Homes typically spend 28 days on market before going under contract.
Is Redmond a buyer's or seller's market?
With 3.1 months of supply, Redmond is currently a balanced market.
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