Debra Sinick

Weekly Real Estate Buzz in West Redmond through June 19th, 2008

In For Buyers, For Sellers, Local information, Market Statistics, Real Estate news, Redmond, Weekly real estate updates on June 20, 2008 at 9:51 pm

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 is out, 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(68) 

New listings:   4(5)

Sold subject to inspection: 1(4)

Pending:  3 (1)

Closed Sales:  1(2)

Sold Contingent: 0(0)

Rented: 0(0) 

Price Reductions:  7(0)

Price Increases:     0(0)

Expired Listings: 2(0)

Cancelled Listings: 1(4)

Temp Off Market:  0(0)

Back on Market: 0(0)
———————————

$0-$349,999:             0(0)

$350,000-$499,999:  4(5)

$500,000-$749,999:   38(36 )

$750,000-$999,999: 14(14)

 $1,000,000- $1,499,999:  7 (9)

$1,500,000- $2,999,999: 4(4)
———————————–
Average Price:    $819,028 ($847,153)

Median Price: $675,000($683,000)

Average Days on Market: 62(61)

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

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

This week’s closed sale was at $719,000 down from $749,000 with an original list price in the mid 800’s.  It was on the market for 108 days. 

  1. Interesting to hear about real estate in your area.

  2. Thanks for your feedback, I appreciate it! Where are you located?