Redmond Real Estate Report Summary for 2015

Information is always a good thing.  The more we learn, the more informed we are, and the easier it is to make educated decisions.  Whether you are buying, selling or investing in a Redmond home you need to do just that – make an educated decision!  We’ve put together a snap shot of what the real estate market in Redmond looked like for the year end for 2015.  Enjoy! 

 

Reporting only Single Family Homes there were:

• 58 ACTIVE Homes for Sale
• 180 PENDING Sales
• 1,614 SOLD Single Family Homes

Sales ranged from a low of $15,500 to a high of $2,300,000.  This range is broken done by:

• 641 home sales were under $500K
• 516 home sales were between $500K and $750K
• 337 home sales were between $750K and $1M
• 108 home sales were between $1M and $1.5M
• 9 home sales were between $1.5M and $2M
• 3 homes sales were over $2M

The median SOLD price for single family homes in Redmond was $568,000 with the average days on market being only 11 days.

The median price per square foot for sold listings in this area is $281.

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Want to Buy, Sell or Invest in Real Estate?

Are you interested in buying a home?  Stay on top of the market! We can send you real-time listings of area homes as they come on the market – find out how. Want to find out what your home is worth?  Request a FREE Market Analysis TODAY! Contact the Knowles Team TODAY at (206) 588-8418 to discuss what is happening in today’s Greater Seattle area Real Estate Market. The Knowles Team will be happy to give you a personalized Comparative Market Analysis for your home or assist you in purchasing a home.

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Past Year Market Reports

2014

Reporting only Single Family Homes there were:

• 110 ACTIVE Homes for Sale
• 144 PENDING Sales
• 1,080 SOLD Single Family Homes

Sales ranged from a low of $75,000 to a high of $4,200,000.  This range is broken done by:

• 279 home sales were under $500K
• 443 home sales were between $500K and $750K
• 290 home sales were between $750K and $1M
• 53 home sales were between $1M and $1.5M
• 8 home sales were between $1.5M and $2M
• 4 homes sales were over $2M

The median SOLD price for single family homes in Redmond was $644,975 with the average days on market being only 19 days.

The median price per square foot for sold listings in this area is $253.