Redmond Market Report
$547,348
AVERAGE PRICE OF 261 HOMES$1,387,400
AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES$517,746
AVERAGE PRICE OF 106 NEWLY BUILT HOMES$555,060
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $547,348 |
| Avg Bedrooms | 3.07 beds |
| Avg Bathrooms | 2.26 baths |
Average Price by Bedrooms
| 1 bedroom | $449,000 |
| 2 bedrooms | $514,148 |
| 3 bedrooms | $526,734 |
| 4 bedrooms | $627,387 |
| 5 bedrooms | $740,348 |
Redmond Home Price Trends
| 12/2022 | 11/2022 | 10/2022 | 9/2022 | 8/2022 | |
|---|---|---|---|---|---|
| Total Listings | 287 | 314 | 360 | 360 | 355 |
| Average Price | $551,218 | $555,267 | $572,022 | $594,031 | $598,536 |
| Avg Price Change | -0.73% | -3.02% | -3.85% | -0.76% | -2.33% |
| Median Price | $499,645 | $503,311 | $511,190 | $540,111 | $552,191 |
| Med Price Change | -0.73% | -1.57% | -5.66% | -2.24% | -0.94% |
| Avg Bedrooms | 3.1 beds | 3.09 beds | 3.05 beds | 3.09 beds | 3.14 beds |
| Avg Bathrooms | 2.28 baths | 2.31 baths | 2.33 baths | 2.38 baths | 2.41 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Caldera High | 1 | $583,985 | 81 days |
| Check With District | 4 | $857,475 | 83 days |
| Mountain View Sr High | 1 | $534,900 | 80 days |
| Redmond High | 143 | $505,542 | 102 days |
| Ridgeview High | 112 | $589,434 | 97 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 261 | $547,348 | 99 days |
| Multi-Million Dollar Homes | 10 | $1,387,400 | 166 days |
| Newly Built Homes | 106 | $517,746 | 108 days |
| Reduced Price Homes | 10 | $555,060 | 75 days |
