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Redmond, WA

Property For sale & Area Information.

Welcome to Redmond

Redmond’s real estate market remains one of the hottest in the Puget Sound, fueled by Microsoft’s expanding campus, top-tier schools, and a thriving urban core. Despite rising interest rates, buyer demand continues to surpass inventory, keeping prices elevated and competition fierce.

Median Home Prices

  • Single-Family Homes: Median price sits at $1.38 million, up 9% year-over-year (YoY).

  • Condominiums: Median price at $675,000, a 7% increase YoY.

  • Luxury Market ($2M+): Strong demand, but DOM (Days on Market) averages 40–60 days—longer than mid-range homes.

Inventory & Market Speed

  • Severe Shortage: Only 1.1 months of inventory (vs. 6 months for a balanced market).

  • Days on Market (DOM):

    • Single-family homes: 5–10 days (often 10+ offers).

    • Condos/Townhomes: 12–20 days.

    • Luxury homes: 40+ days (more room for negotiation).

  • Price Reductions: Just 8% of listings (mostly luxury or overpriced homes).

Key Market Dynamics

  • Hyper-Competitive Seller’s Market: 50% of homes sell above asking price, with escalation clauses common in sought-after areas (Education Hill, Downtown).

  • New Developments:

    • Microsoft’s Campus Modernization (17,000+ employees = steady demand).

    • Redmond Ridge East expansion (new family-oriented subdivisions).

  • Light Rail Impact: The East Link Extension (2025) boosts demand near stations (Overlake, Downtown Redmond).

Interest Rates & Affordability

  • Mortgage Rates: ~6.8% (30-year fixed).

  • Affordability Squeeze: A 1.3Mhome∗∗=∗∗ 8,500/month (PITI), pushing buyers toward condos/townhomes.

Top Market Drivers

  1. Tech Dominance: Microsoft, Nintendo, and startups drive relocation demand.

  2. Top-Rated Schools: Lake Washington School District (#1 in WA for STEM).

  3. Parks & Trails: 1,000+ acres of green space (Marymoor Park, Sammamish River Trail).

Future Outlook (2024–2025)

  • Prices: Projected to rise 5–7% annually (outpacing Seattle).

  • Inventory: Minor relief with 300+ new townhomes (e.g., Overlake Urban Center).

  • Luxury Market: Stable but DOM may rise as buyers scrutinize high-rate loans.

Conclusion

Redmond’s market is a powerhouse, blending tech-fueled demand, top schools, and urban-suburban appeal. With land scarcity and relentless buyer competition, prices show no signs of decline.

Buyers: Need pre-approval, aggressive offers, and flexibility.
Sellers: Prime time to list—low inventory = premium pricing.

Active Listings

Redmond Properties For Sale

A rare blend of modern luxury, exceptional views and timeless character awaits on 1.8 acres just south of Woodinville wine country. This newly constructed 6,890 SF home was designed for unforgettable entertaining and effortless everyday living. Walls of glass frame the views while an accordion door opens the kitchen to an incredible outdoor living space with fireplace, overhead heat, built-in BBQ and dining area. A separate prep kitchen and oversized pantry make hosting a breeze. Upstairs, the luxurious primary suite features a spa-inspired bath with soaking tub, steam shower and sauna with Wi-Fi-enabled heater. Three additional en-suite bedrooms offer privacy for friends. The lower-level features dual-zone radiant-heated floors, a dedicated theater with 7.1 surround sound, full bar, spacious great room with 5.1 surround, wine/storage room and private guest accommodations. An elevator shaft is ready for a future elevator. Outdoors, a charming apple orchard, irrigation well and approximately 100-year-old, 2,100 SF barn create an incredibly unique setting and opportunity for your imagination to come to life. $5,780,000 Active

13404 Woodinville-Redmond Road NE Redmond, Washington

5 Beds 5 Baths 6,890 SqFt 1.875 Acres

The three tree logo represents a listing courtesy of NWMLS... Active listing courtesy of Ruybal Group Inc..

Exceptional Craftsmanship. Advanced Technology. Total Privacy. Extraordinary gated estate on 2.5 private acres offering a rare blend of luxury, innovation and Northwest beauty. Spanning 6,467 SF across two structures, this custom-built retreat is surrounded by towering evergreens, private trails and resort-style amenities. A grand two-story foyer opens to soaring coffered ceilings, walls of glass and expansive living spaces filled with natural light. Chef’s kitchen features Thermador appliances, double ovens, dual dishwashers, oversized island and bespoke cabinetry. Flexible floorplan includes 3 bedrooms plus. private guest suite with full kitchen, dedicated office and multiple bonus spaces. Luxurious primary suite offers peaceful forest views, boutique-style walk-in closet and spa-inspired bath with five-point shower. The detached Clubhouse expands the lifestyle experience with theater, gym, office, recreation and play spaces. Resort-style pool, oversized Jacuzzi, fire pits, greenhouse, fenced garden and direct access to Tuscany Equestrian trails. Enterprise-grade smart home technology, dual fiber internet, whole-home generator, 50+ security cameras, four garage bays and oversized boat parking complete this one-of-a-kind modern estate. $4,499,000 Active

12284 196th Avenue NE Redmond, Washington

4 Beds 5 Baths 6,467 SqFt 2.5 Acres

The three tree logo represents a listing courtesy of NWMLS... Active listing courtesy of COMPASS.

Hidden beyond an open meadow on 9.23 private acres, the Stone House pairs the serenity of a retreat with the finely crafted Northwest Contemporary estate near downtown Redmond. Stone walls flow inside and out. Douglas fir and tigerwood brings warmth. Expansive glass frames the forest on every side, filling the interiors with shifting light while the surrounding acreage preserves total privacy. Soaring ceilings and exposed timber beams create dramatic volume. Extensive millwork, custom built-ins, metal details and fossil limestone countertop reward a closer look. A handcrafted sculptural steel hood anchors the kitchen, and the great room centers on a monumental fireplace. Quiet window nooks hover in the canopy, while two gardens and two covered outdoor living invite reading, morning coffee, outdoor dining and year-round entertaining. At the far end of the home, the primary suite is wrapped in glass and opens to garden, with a huge walk-in closet and an open shower. The main level spans over 4,000 sqft, offers 3B/3B and primary living spaces together on one floor for effortless rambler style living. The daylight lower level adds a theater, a recreation room and a guest suite for play, fitness, gathering and extended living. The front meadow offers potential for equestrian use, a future barn or other estate pursuits. Removed from the world yet remains close to the city and Eastside tech core, the Stone House is bold in scale, intimate in detail and deeply rooted in the land. $4,488,000 Active

11811 184th Avenue NE Redmond, Washington

4 Beds 4 Baths 6,180 SqFt 9.23 Acres

The three tree logo represents a listing courtesy of NWMLS... Active listing courtesy of COMPASS.

Lakefront living at its finest — 75 feet of pristine Redmond waterfront (as recently surveyed), a private dock, and a stylishly updated 4,210 sq ft home with ease of access from the street to the water. The main level has a generous open-plan layout with walls of windows bringing the light and the serene lake view into the heart of the home. Newly refinished hardwoods, updated kitchen & fresh paint throughout give the interiors a light, contemporary feel. A truly flexible floorplan with bedroom options across all three levels. The upper level offers a real sanctuary retreat with sweeping views, private deck, primary bedroom w two-way fireplace connecting to the adjoining sitting room, bedroom or office space, a super-spacious ‘double’ dressing room, and a newly refreshed Scandi-inspired spa bath featuring a new soaking tub. The lower level adds versatile living space with a large rec room, work out room and an additional bedroom & bathroom with easy walk-out access to the grounds and waterfront. Outdoor living shines here: a spacious deck for sunset dinners, large circular hot tub sweeping lawns for games & gatherings, and private beach & dock for all the waterfront fun that Lake Sammamish has to offer. $4,250,000 Pending

3402 W Lake Sammamish Parkway NE Redmond, Washington

4 Beds 3 Baths 4,210 SqFt 0.353 Acres

The three tree logo represents a listing courtesy of NWMLS... Pending listing courtesy of Coldwell Banker Bain.

Unfolding across nearly seven acres of extraordinary beauty, this historic winery and villa invites guests into a world where every gathering becomes part of a lasting legacy. In a region defined by innovation and growth, this estate offers something increasingly rare: space. Space to gather. Space to celebrate . Space to reconnect with nature, history, and each other. This unique property showcases privacy and beauty for endless possibilities for living, events, hospitality, wine experiences, and community engagement. The villa overlooks the estate. A striking blend of elegance, craftsmanship and old-world charm. Soaring spaces, architectural character, and refined details create a setting that feels both sophisticated and welcoming. Whether hosting an intimate wine tasting, a milestone celebration, a luxury retreat, or a dream wedding, the villa provides a backdrop worthy of life’s most memorable occasions. The winery is not simply a winery. It is a living legacy of history. Expansive spaces to embrace your vision and live in luxury; schedule a private tour today. $3,698,000 Active

13244 Woodinville-Redmond Road NE Redmond, Washington

4 Beds 4 Baths 3,306 SqFt 6.692 Acres

The three tree logo represents a listing courtesy of NWMLS... Active listing courtesy of Real Broker LLC.

SELLER FINANCING AVAILABLE! Set within the coveted enclave of Gunshy Ridge, this Architectural Digest-inspired luxury estate offers a rare combination of scale, privacy and value on over an acre at the end of a quiet cul-de-sac. Spanning 6,051 square feet, the residence showcases timeless architecture, custom millwork, rich stone and hardwood finishes, soaring ceilings and expansive walls of windows that seamlessly connect indoor and outdoor living. Designed for both everyday comfort and sophisticated entertaining, the home features a chef's kitchen with premium appliances, extensive prep space, a hidden wine cellar and seamless flow into elegant gathering spaces and covered outdoor living areas. The main-floor primary suite offers patio access and a spa-inspired bath, while upstairs you'll find spacious secondary bedrooms, a bonus room and a private theater with wet bar. Outside, expansive level lawns, mature landscaping and exceptional privacy create one of the community's most desirable outdoor settings. Located in the acclaimed Lake Washington Schools, just minutes from Woodinville wine country, Redmond, Bellevue and the Eastside tech corridor. Rarely does a property combine over 6,000 square feet of living space, more than an acre of beautifully usable land, estate-level privacy and this level of value, making it a standout opportunity for buyers seeking luxury estate living without entering the higher price tiers often associated with comparable Eastside properties. $3,499,000 First Look

20450 NE 71st Street Redmond, Washington

4 Beds 6 Baths 6,051 SqFt 1.127 Acres

The three tree logo represents a listing courtesy of NWMLS... First Look listing courtesy of COMPASS.

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