Why Live in Downtown Redmond
Downtown Redmond, situated along the Sammamish River, is a vibrant neighborhood blending a booming tech industry with ample green spaces and a thriving shopping district. The area is highly walkable, with sidewalks and public parking, and features the Redmond Town Center, home to around 100 stores including well-known brands and local specialty shops. Dining options are diverse, with eateries like The French Bakery and Matt's Rotisserie and Oyster Lounge. For groceries, residents have access to Trader Joe's, H Mart, and Safeway, while the Redmond Saturday Market offers locally grown produce and baked goods. Entertainment is plentiful with Music on the Court, themed car shows, and live performances at venues like SecondStory Repertory and SoulFood CoffeeHouse. The neighborhood also hosts annual events such as Redmond Lights and summer concerts at Marymoor Park.
Public transportation is convenient with numerous bus stops, the Redmond Transit Center, and the upcoming light rail extension. The area is also known for its cycling infrastructure, including a pedestrian and bicycle bridge connecting to the Redmond Technology Center light rail station. Major employers like Microsoft and Nintendo are nearby, providing significant job opportunities.
Residential properties mainly consist of townhouses and condos built from the late 1980s to mid-2000s, attracting both first-time homebuyers and those downsizing. The neighborhood is served by highly rated schools, including Redmond Elementary School, Redmond Middle School, and Redmond High School. Safety in Downtown Redmond is better than the national average, making it a practical choice for families and professionals alike.
Home Trends in Downtown Redmond, WA
On average, homes in Downtown Redmond, Redmond sell after 36 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Redmond, Redmond over the last 12 months is $769,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$769,000
Median Single Family Sale Price
$1,282,500
Median Townhouse Sale Price
$974,500
Median 2 Bedroom Sale Price
$690,000
Median 1 Bedroom Sale Price
$469,900
Average Price Per Sq Ft
$639
Number of Homes for Sale
12
Last 12 months Home Sales
58
Median List Price
$922,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-4%