Redmond housing market, September 2026: the numbers and what they mean if you're buying or selling
Redmond's citywide median averages a new Downtown condo near the 2 Line with a 1990s house on Education Hill and a larger-lot home in North Redmond. Four different purchases, four different schedules.
| Measure | Change, year over year |
|---|---|
| Median sold price | |
| Active listings, month end | |
| New listings | |
| Median days on market | |
| Sale-to-list ratio | |
| Months of supply |
By sub-market
Redmond's citywide median averages a new Downtown condo near the 2 Line with a 1990s house on Education Hill and a larger-lot home in North Redmond. Four different purchases, four different schedules.
| Sub-market | Median sold | Active | Median DOM | Sale-to-list |
|---|---|---|---|---|
| Downtown Redmond | ||||
| Education Hill | ||||
| Overlake | ||||
| North Redmond |
Downtown's row is condo-heavy and moves with new-building deliveries. Overlake's row straddles the Redmond–Bellevue line and is counted here on the Redmond side only. Education Hill and North Redmond are detached-house rows with smaller monthly samples; compare the trailing quarter before reading a one-month change as a trend.
What this means if you're buying in Redmond
What this means if you're selling in Redmond
A note on First Look inventory
Northwest MLS First Look status, launched September 4, 2026, lets a seller hold a listing for up to 21 days before it goes Active. First Look listings are visible to member brokers but are not Active, so they are not in the active or new-listing counts above. The supply available to a represented buyer is larger than the table shows, and the competition a seller meets at launch is larger as well.
Questions buyers ask
Clear answers first. If one question changes the deal, bring it into the review before you move money.
Q1Where do these Redmond market numbers come from?+
Northwest MLS closed-sale and listing data for the City of Redmond, all residential property types, for the calendar month shown. Sub-market rows use neighborhood polygons defined on this site. Figures are refreshed monthly.
Q2Is Overlake counted in Redmond or Bellevue?+
Both cities have an Overlake polygon on this site, split at the city line. This page counts only the Redmond side. The Bellevue market page counts only the Bellevue side, so no closing appears in both.
Q3Why does the Downtown Redmond row move more than the others?+
Downtown's inventory is weighted toward condos that list in batches as new buildings deliver units. That produces a more variable active count and median than the detached-house sub-markets.
Q4Are First Look listings counted in the active inventory?+
No. First Look listings are not yet Active and are excluded from the active and new-listing counts. Member brokers can see them, which is why a represented buyer sees more supply than these counts show.
See the homes other buyers won't see on Zillow
Northwest MLS First Look gives member brokers up to 21 days of access before a home goes Active. Tell me your price range and target neighborhoods and I'll build a tour around them.
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Northwest MLS First Look gives member brokers up to 21 days of access before a home goes Active. Tell me your price range and target neighborhoods and I'll build a tour around them.
Next steps
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