Redmond, WA

Population: 55,228
Average annual home appreciation rate: 11.23%
Total of homes for sale in this market:
Median home price: $419,679
Median Rent: $1,287 per room
Home price range: 32.99% of homes are between $472,001 – $708,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 40.67% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 6.65%
Number of renters: 47.12%
Number of owner occupied: 52.88%
Number people living below poverty level: 6.46%
Unemployment rate: 3.9%
Is this area perfect for real estate deals going on right now? High appreciation and rental rates in Redmond market could lead to great return on investment for the savvy real estate investor.

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