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Apr. 29, 2015 - 2015 Year to Date Home Prices in Redmond WA 98052

Home Prices in Redmond 98052 vary based on school ranking and proximity to Microsoft, as well as age of home, size of lot, condition of home and other factors.


It is helpful to see if you are looking at the least expensive

or most expensive home in this Zip Code.

Once you subtract land value, which includes the location variances of school ranking and proximty to X, you will see a vast difference between the size and quality of the home you can buy at the very same price. If the home costs $600,000 in a lot = $400,000 neighborhood, you will get significantly less in the home itself than in a neighborhood where the lot = $250,000. The difference between the lot value and the price is the cost of the actual house. 

For most people looking in 98052, they are also looking in part of Kirkland and part of Bellevue and possibly parts of Sammamish or Issaquah and Bothell. For that reason I will be posting the low to high price stats for these zip codes in the next several blog posts. There will be a wrap up post HERE when I get to the conclusions you should draw from these stats.

While my numbers don't always jive with Zillow home price stats for Redmond WA 98052, you should always review a variety of sources since we are compiling them differently and all are important. We'll throw in Trulia Home Prices for Redmond WA as well so you can see that even between Zillow and Trulia, even though Zillow now owns Trulia, you will see vast differences and all info should be reviewed and balanced, including mine.

The Graph

(Required Disclosure: Stats in this post are hand calculated by Ardell DellaLoggia in real time and are not a reprint of stats compiled and published previously by The Northwest Multiple Listing Service.)

 

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ARDELL DellaLoggia of Sound Realty on Seattle Real Estate process and market including Kirkland, Bellevue, Redmond, Green Lake and most areas around the top of Lake Washington North of Downtown Seattle. Phone: 206-910-1000 - Mailto:ARDELLd@gmail.com

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