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Home Prices in Redmond WA for November 2012

Real estate market data for Redmond, WA provided by Ellen Smith of East Lake Real Estate Company.

Redmond Home Prices  
We have seen 11 straight months of listing price increases on home prices in Redmond and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Redmond but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Redmond home on which you are making an offer.
If you are interested in how much current inventory is on the market in Redmond you can find that information by clicking on the link. High inventory will suggest ... more

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