The Redmond housing market is very competitive. Homes in Redmond receive 3 offers on average and sell in around 14 days. The median sale price of a home in Redmond was $1.3M last month, up 16.0% since last year. The median sale price per square foot in Redmond is $631, up 4.6% since last year.
In September 2024, Redmond home prices were up 16.0% compared to last year, selling for a median price of $1.3M. On average, homes in Redmond sell after 14 days on the market compared to 8 days last year. There were 62 homes sold in September this year, down from 64 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,287,498
+16.0% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Redmond, WA
$1,287,498
+16.0%
United States
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How hot is the Redmond housing market?
Redmond is very competitive. Homes sell in 11 days.
0
100
86
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 11 days.
Hot homes
can sell for about 5% above list price and go pending in around 5 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Redmond
Explore recent offers and recently sold homes in Redmond
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$1.25M Offer
Sold for $1.5M
4bd | 1.75ba | ~1,500sqft
Over List Price
0%
Days on Market
2
Competing Offers
9
Down Payment
—
Jason McWalter
Redmond Redfin Agent
Buyers waived everything, released EM early and escalated to 1.376M. 10 offers total, all offers waived everything, one cash. It went just over 1.46M…
More
Offer Not Accepted|
4 Weeks Ago
~$1.5M Offer
Sold for $1.5M
4bd | 2.75ba | ~2,250sqft
Under List Price
2%
Days on Market
4
Competing Offers
—
Down Payment
~60%
Sue Dhillon
Redmond Redfin Agent
Offer Not Accepted|
4 Weeks Ago
~$1.5M Offer
Sold for $1.5M
4bd | 2.75ba | ~2,250sqft
Over List Price
0%
Days on Market
4
Competing Offers
7
Down Payment
~60%
Sue Dhillon
Redmond Redfin Agent
View houses in Redmond that sold recently
Recently sold homes
SOLD OCT 31, 2024
$1,910,000 Last Sold Price
2 beds
3.5 baths
2,800 sq ft
23813 NE Adair Rd, Redmond, WA 98053
Delinda Jokela • Renaissance Real Estate LLC eXp Realty
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Redmond housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Redmond.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Redmond has a minor risk of flooding. 590 properties in Redmond are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Redmond. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Redmond has a moderate risk of wildfire. There are 200 properties in Redmond that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Redmond.