Is Redmond, WA 98053 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Redmond is a seller’s market. With about 3.7 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.7Under 4 months = seller’s market

Sold above original list12.9%Share of sales, last 3 months

Median sale-to-list97.8%Sold price ÷ list price

Median days on market19Listing to accepted offer

Median price per sq ft$615▲ +2.1% vs. last year

Run the numbers for 98053

Prefilled for 98053Can I win this house?Multiple-offer likelihood for a listing Prefilled for 98053Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Auburn 98001Seller’s market $342 /sq ft Auburn 98002Balanced $322 /sq ft Auburn 98092Balanced $324 /sq ft Baring 98224 $798 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology