Only 55+ Homes Under $749K in Redmond?! | August 2025 Housing Market Update

Redmond Housing Market – August 2025

Breaking down the Redmond housing market one price range at a time — because what’s happening under $749K looks very different from what’s happening above $1.35M.

Under $749K

If you’re shopping in this range, you’re basically looking at 55+ communities right now. Inventory is incredibly limited, and it’s not getting better anytime soon. For sellers, that means you’re in a niche market — the right buyer will come along, but patience is key.

$750K to $949K

Closed sales and new listings are way up — but even with more activity, there’s still not much to choose from. Homes are sitting longer (up a massive 850% compared to last year), and sellers are getting 7.6% less than their original list price. Buyers still face slim pickings, while sellers need to price competitively to avoid sitting on the market.

$950K to $1.349M

Homes in this range are moving faster than you might think. Closed sales are up, and even though days on market have ticked up, well-presented properties are still selling. For buyers, you’ll see more choices than in the lower price ranges — but competition is still there for homes in great locations or with standout features.

$1.35M and Up

There’s no shortage of million-dollar listings in Redmond — but buyers at this level are choosy. Days on market are up 120%, yet most homes still sell in under two weeks if they deliver on location, lifestyle, and condition. Sellers, this is where strategy really matters. Buyers, expect competition for standout homes, but more options if you’re willing to compromise.

Market Takeaway

Lower price points are defined by scarcity — especially under $749K, where options are almost entirely 55+ communities. Mid-price ranges are seeing more activity but also longer market times, meaning buyers have a bit more breathing room. At the high end, there’s plenty of inventory, but only the best listings move quickly.

If you’re thinking of buying or selling in Redmond, knowing how your specific price point is performing is key.

I’m Brandice Raybourn with Coldwell Banker Danforth in Everett, WA.
If you’re ready to make a move — or just want to know where your home fits in today’s market — let’s chat.