The area represented by the statistics posted below is Redmond, 98052, south of highway 908.  The neighborhoods are all within shouting distance of Microsoft. In real estate terms, we call this area 530.  The area on Education Hill is called area 550 and is not part of this report. The numbers in parentheses show last week’s totals. All numbers are gathered mid-day on Fridays from NWMLS information. This real estate activity report will be online no later than Sunday each week. 

 
Active Listings:  61(59) 

New listings:   4(9)

Sold subject to inspection: 1(4)

Pending:  3(1)

Closed Sales:  0(2)

Sold Contingent: 0(2)

Rented: 1(0) 

Price Reductions:  4(2)

Price Increases:     0(0)

Expired Listings: 0(1)

Cancelled Listings: 0(1)

Temp Off Market:  0(0)

Back on Market: 0(2)
———————————

$0-$349,999:             0(0)

$350,000-$499,999:  4(4)

$500,000-$749,999:   30(30 )

$750,000-$999,999: 14(14)

 $1,000,000- $1,499,999: 10(8)

$1,500,000- $2,999,999: 3(3)
———————————–
Average Price:    $848,779($845,925)

Median Price: $699,000($699,000)

Average Days on Market: 64(62)

Highest Priced Listing: $2,880,000 ($2,880,000)

Lowest Priced Listing: $439,000($439,000)

My analysis of this week’s buzz: 

This week’s statistics are compiled from yesterday’s data.  By 3 PM today many of you will be off for the weekend, so I am sending the weekly data along a bit sooner this week. There are 4 new listing, much less than last week’s total of 9 new listings.  There are now 61 homes for sale in Redmond near Microsoft.   One home received an offer, 3 homes are now past the inspection and are pending, and one home was taken off the market and is now rented.  There were four price reductions and no closed sales this week.

Enjoy the long weekend!

New listings: 

$545,000  Woodford remodeled mid-entry 1800 sq. ft, 4 bedrooms, 2.25 baths.

$619,950  Remodeled Spiritbrook midentry 2500+ sq ft., 5 bedrooms, 3 baths, new carpet, A/C, 2 remodeled baths, backs to park.l(my listing)

$694,500 Remodeled two story in Hampton Place with 1430 sq. ft., 4 bedrooms, 2.5 baths.

$1,288,000 Lake Sammamish waterfront 2830 sq ft, 65 feet of waterfront.

 

Homes receiving offers this week:

$649,000  Updated Lake Samm view mid-entry with 2020 sq ft.

Pending sales this week: 

(inspection has been satisfied)

$635,000 Tam O’Shanter remodeled mid-entry 4 bedrooms, 2.5 baths

$749,000 two story overlooking Marymoor 5 bedrooms, 2.5 baths, view, built in 1996.

$849,950 Park Pointe two story with 3030 sq. ft, 4 bedrooms, 2.75 baths.

Contingent sales: 

(home has received an offer, but buyer has to sell current home to make the sale)

None this week.

Expired listings:

(Homes in which the listing contract has expired)

None this week. 

Cancelled listings:

(Homes taken off the market)

None this week.

Temporarily off the market:

None this week.

Price reductions:

$686,000 down from $696,000 Remodeled mid-entry in Spiritbrook with 5 bedrooms, 3 baths.

$699,000 Ardmore Village two story, original price of $765,000.

$779,000 down from $819,000 view mid-entry on Lake Samm Pkwy.

$839,000 down from $875,000 Chrlson Place two story 3280 sq ft, 5 bedrooms, 2.5 baths.

 Closed sales:

(Homes in which the new owner has moved in!)

None this week.

Back on the market:

None this week.

Rented:

$550,000 mid-entry home on large lot.  No longer for sale and now rented.