Redmond, WA Real Estate News

By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Home Sales Report for Redmond WA:  Median list price is $599,900 with 413 properties that have been on the market for an average of 218 days. With inventory trending up but days-on-market trending down and the Market Action Index essentially flat recently, conditions do not seem to have strong up or down pull. Supply and Demand  The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 3/01/10 here are the real estate home sales stats for the Redmond WA 98052 an...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Home Sales Report for Redmond WA:  Median list price is $598,500 with 400 properties that have been on the market for an average of 216 days. With inventory trending up but days-on-market trending down and the Market Action Index essentially flat recently, conditions do not seem to have strong up or down pull. Supply and Demand  The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 2/22/10 here are the real estate home sales stats for the Redmond WA 98052 an...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Home Sales Report for Redmond WA:  Median list price is $598,000 with 399 properties that have been on the market for an average of 216 days. Demand measured by the Market Action Index is increasing and days-on-market is trending downward.Even as more properties come available, these are positive trends for the market.  Supply and Demand  The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 2/16/10 here are the real estate home sales stats for the Redmond W...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Home Sales Report for Redmond WA:  Median list price is $595,000 with 404 properties that have been on the market for an average of 215 days. Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.  Supply and Demand  The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 2/08/10 here are the real estate home sales stats for the Redmond WA 98052 and 98053 Neigh...
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By Tyson Knaevelsrud
(ENG Lending)
Perrigo Park is a recreational park in Redmond Washington located right behind Cadman Gravel. This is a beautifully landscaped and recreational area sitting on 26.7 acres. Perrigo Park has many kid friendly areas including a sand volleyball court which gives you the feel of being next to the water. Fortunately that is about all that is missing from this park (water front). The Volleyball courts sit right next to the covered picnic area which allow you to through parties as well as picnic year round.  I actually had my 2nd son's first birthday at Perrigo park and it turned out great. We had about 20 people there taking up about a 4th of the covered picnic area. At the same time there was a Chinese group there dancing and stretching with music and was very entertaining. During the winter ...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Home Sales Report for Redmond WA:  Median list price is $584,495 with 394 properties that have been on the market for an average of 222 days. The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.  Supply and Demand  The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 2/01/10 here are the real estate home sales stats for the Redmond WA 98052 and 98053 Neighborhood...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Redmond WA median list price is $589,800 with 381 properties that have been on the market for an average of 224 days. Inventory has been tightening and days-on-market decreasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions. Supply and Demand  The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 1/25/10 here are the real estate home sales stats for the Redmond WA 98052 and 98053 Neighborhood...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Redmond WA median list price is $599,000 with 372 properties that have been on the market for an average of 219 days. Inventory has been tightening and days-on-market decreasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions. Supply and Demand  The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 1/18/10 here are the real estate home sales stats for the Redmond WA 98052 and 98053 Neighborhood...
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What's Great About Redmond WA Real Estate - - - Home of Microsoft? - - - Try the Water! One thing I've come to know about Nina, my real estate partner, is that she is a fine judge of character. Nina has know Kevin Murphy since he was 12 years old, so when Nina says listen to what Kevin has to say, you pay attention to him.   For over five years, Kevin has worked as the Wellhead Protection Lead for the City of Redmond's Natural Resources Department. Kevin recently went on the record stating that Redmond's water supply is superior and plentiful. 30 years ago when the population occupying Redmond real estate was around 20,000 the water was tested for around 20 contaminants. Nowadays, with the population around 50,000 the water is tested for around 100 contaminants. The items tested cover t...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Redmond WA median list price is $595,000 with 375 properties that have been on the market for an average of 221 days. Inventory has been tightening and days-on-market falling recently. The Market Action Index shows demand heating up.  These are relatively bullish signs for prices.  Supply and Demand  The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes. In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 1/04/10 here are the real estate home sales stats for the Redmond WA 98052 and 98053 Neighborhoods in Red...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Redmond WA median list price is $589,950 with 396 properties that have been on the market for an average of 237 days. Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.(However this is normal for a holiday season)  Supply and Demand  The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes. In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 1/04/10 here are the real estate home sales stats ...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Search for homes near Microsoft in Bellevue & Redmond, Washington.  The Microsoft Campus area comprises the north east end of Bellevue, the south end of Redmond.  East of 520 and west of Lake Sammamish south to 24th St.. This great neighborhood near Microsoft Campus boast about 4789 homes dating back to the 1950 all the way up to brand new homes.  2009 saw 127 of these homes sell with an average sales price of $481,000.  Of the homes sold in 2009 the average home size was 2,217 square feet 3 bedroom and 2 bath.  Download the market trend report. You can also sign up for a Market Snapshot to see how your home measures up. This neighborhood on the west side of  Lake Sammamish near Marymoor Park has wonderful waterfront homes, view homes and quite residential neighborhoods.  Ardmore, Cresc...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Redmond WA median list price is $589,950 with 403 properties that have been on the market for an average of 234 days. Inventory has been decreasing lately but the Market Action Index is falling also.  With days-on-market climbing, these are relatively negative implication for the market.(However this is normal for a holiday season) Supply and Demand  The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks.. In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 12/28/09 here are the real estate home sales stats for the Redmond WA 98052 and 98053 Neighborhoods in Redmond, Washington. The home sales listed h...
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By Randy Randolph, Uber Broker , Redmond, Kirkland, Renton, Short Sales
(RSVP Real Estate)
According to an article on CNBC the US Department of Energy has approved a $300 million program to encourage US Consumers to replace older appliances with new more energy efficient ones.  It is similar to the Auto Industries Cash for Clunkers Program from Summer 2009. There is ONE LARGE DIFFERENCE, DofE has given each state the responsibility of setting up,  regulating and administration of the program. So, that means that there are 50 different Cash for Clunkers (Appliances) programs out there. And most are still not totally set up and running yet. Washington State's C4C will begin in February 2010 (estimated). While all of the SayWA details have not been worked out yet, there is a web site that you can check to find out the latest information. Check out the Appliance Rebate site. So f...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Redmond WA median list price is $579,900 with 364 properties that have been on the market for an average of 160 days. Inventory has been tightening and days-on-market increasing recently.  The Market Action Index has been basically flat, not providing stron indication for market conditions.. In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks.   As of 12/14/09 here are the real estate home sales stats for the Redmond WA 98052 and 98053 Neighborhoods in Redmond, Washington. The home sales listed here are from the last 7 days to give a better reflection of what is going on in the neighborhood during any given week. Active: 378  Pending: 11  Sold: 13  Other: 0  Total: 402    Bedrooms  Ba...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Redmond WA median list price is $584,895 with 422 properties that have been on the market for an average of 226 days. Inventory has been tightening and days-on-market increasing recently.  The Market Action Index has been basically flat, not providing strong indication for market conditions.. In the English Hill and Education Hill Neighborhoods we have seen relatively strong sales as home sales have been exceeding new inventory for several weeks. As of 12/14/09 here are the real estate home sales stats for the Redmond WA 98052 and 98053 Neighborhoods in Redmond, Washington. The home sales listed here are from the last 7 days to give a better reflection of what is going on in the neighborhood during any given week. Active: 384  Pending: 34  Sold: 8  Other: 0  Total: 426    Bedrooms  Bath...
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Favorite Parks in the Redmond WA Area . . . Farrel-McWhirter (one of Redmond's best kept secrets) . . .Paws down, Farrel-McWhirter is Ziggy's favorite park.  It truly is the hidden secret gem of Redmond, not far from Woodinville.  There are 68 acres of beautiful trails among spectacular trees, as well as open areas that include picnic tables, BBQ's, swings, public facilities, restrooms, barns, a horse arena and fenced areas where farm animals can roam around.  Among the animals are cows, horses, pigs, chickens, goats, rabbits, a turkey and a donkey.  Last year a bear was reportedly seen in the woods, but apparently it moved on without any trouble.Farrel-McWhirter is a former farm. The entire working farm area has been beautifully preserved and maintained.  There's almost a Brigadoon "ri...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Redmond WA Bank Owned homes stats for November 2009 Active: 17  Pending: 7  Sold: 2  Other: 0  Total: 26    Bedrooms  Bath              Sqft       ListPrice       SoldPrice            DOM  Minimum  2   2.00   1,230   $159,000   $362,250   2   Average  4   2.48   2,507   $477,386   $423,625   55   Median  4   2.50   2,250   $417,900   $423,625   36   Maximum  5   3.50   3,813   $889,950   $485,000   317   Total Dollar Value           $847,250      Average DOM Breakdown and Average % of List Price received on Solds by Market time:    0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days   No. of Listings   0    1    0    1    0   Breakdown %   0.00    50.00    0.00    50.00    0.00   Avg SP % LP   0.00    93.27    0.00   104.28    0.00  Some of the best deals in Real Estate are R...
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