But I’m back with a slightly different version of the weekly real estate statistics in Redmond. This report shows this week and last’s real estate numbers. I’ll continue to report the number of new listings, pendings, days on market, etc.  However, my weekly updates will report the specific information on closed sales only.  These are the sales in which the sale has closed and the new owner has taken over.  In this market, I find it helpful to see the original asking price of a home, its final list price, and the actual sales or closing price. 

In addition, the numbers will now be a reflection of totals from Thursdays.  This will help get the data to you before the weekend, whenever possible.  If the sun ever comes out here, I imagine you’ll want to be out and about, rather than looking at real estate data!

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 Thursdays from NWMLS information.  
Active Listings:  68(71) 

New listings:   5(6)

Sold subject to inspection: 4(2)

Pending:  3(1)

Closed Sales:  1(2)

Sold Contingent: 0(0)

Rented: 0(0) 

Price Reductions:  0(4)

Price Increases:     0(0)

Expired Listings: 0(0)

Cancelled Listings: 4(1)

Temp Off Market:  0(0)

Back on Market: 0(0)
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$0-$349,999:             0(0)

$350,000-$499,999:  5(4)

$500,000-$749,999:   36(38 )

$750,000-$999,999: 14(15)

 $1,000,000- $1,499,999:  9 (10)

$1,500,000- $2,999,999: 4(4)
———————————–
Average Price:    $847,153 ($849,564)

Median Price: $683,000($689,000)

Average Days on Market: 61(58)

Highest Priced Listing: $2,880,000 ($2,995,000)

Lowest Priced Listing: $379,950($450,000)