There is an incredible surge in the demand for homes right now, and as a result, the real estate market is on fire. And nowhere is this truer than in Redmond, the family-friendly, close-knit community that has the luxury of being a stone’s throw from some of the world’s most innovative tech companies. People want to live here—badly. That means the home you own in the Redmond market is going to have competition, which will drive up the value of your home significantly. Most importantly, it will virtually assure that your home will sell much faster than if it were on the market at this time two years ago. In this article, I will share with you the top ten neighborhoods (ours is one of them) where homes are selling the fastest. I’ll even go into a bit of detail about each one to reveal what it is about the neighborhood that most homebuyers find most appealing. Learning this could give you, the would-be home seller, a better idea of how you can market your home to your advantage. Quick note: This article is brought to you by ‘We Buy House As Is,’ a local, Redmond area home buyer that, you guessed it, specializes in fast home sales.
Overview of Redmond Real Estate Market
The Redmond real estate market is currently experiencing a very active phase. Average home prices are increasing (an average home in Redmond now runs around $1.2 million as of late 2023) and homes are selling at a quick pace. The last few homes that I listed in Redmond all sold within weeks. Buyers are jumping on any home that they can purchase in the Redmond market area.
Several factors make homes in Redmond desirable. The main factor is jobs. Redmond is a solidly tech city. Microsoft and many startups require skilled professionals. To attract those professionals, companies need to locate in an area that has a vibrant and active community. Because of this, many professionals, entrepreneurs, and company owners relocate to Redmond, which boosts the local economy. As a result, Redmond is a dynamically flavored city and many like to call it home.
The public school systems are good as well. Many move to Redmond so that their children can be schooled in the Redmond way of life. Redmond has many public parks, too. It is “the bicycle capitol of the Northwest,” and this is a city run by a mayor that cycles.
Criteria for Fast-Selling Neighborhoods
A home selling quickly comes down to several things, with location being the most important. In Redmond neighborhoods, the fact that you are near the major employers of tech companies could be a significant advantage for a commute-weary employee. Have a home where you could live nearby and avoid a lengthy commute? Now that’s a perk of living in a great Redmond neighborhood. As such, owning a home near these work hubs puts you in a prime position to sell. Also, if you’re on a public transportation line or near a major location, this will boost your location tremendously.
Amenities get people looking at your property – and who doesn’t want that? Being in Redmond neighborhoods with great parks, recreational facilities, and shopping centers will push the house to move. Parents want a well-rounded community to offer their children. Be located near a park or a well-maintained public area for a space that feels lived in like a home. Additionally, families want more than basic lawns. They crave culture – be that local community events, farmers’ markets, workout facilities, walking trails, shopping districts, and other things that can add to your overall quality of life. Consider this when you move. Does your area have some of these great things? Check them out to assess whether or not you think it may be a fitting spot for you.
Another major consideration for the area is: What school will my child attend? With some Washington school options being near the failing ranks and others being among the best in the nation, buyers are willing to pay a premium to secure a future for their children. This effect again can lead to heightened competition in Redmond neighborhoods, which ultimately leads to a faster sale. Be your own traffic director and control what Redmond neighborhoods you ultimately consider as ‘candidates’. Aim to evaluate the initial location of a job, your family’s potential amenities and options (or lack thereof) to assess its overall sense of safety, and evaluate school options to determine your risk and reward for your home drama wholesale.
Top Neighborhoods in Redmond
Neighborhood 1: Redmond Ridge—This neighborhood is all about the outdoor space and a family-friendly community. The parks, trails, and rated #1 or #2 in some “top schools” lists—and only 30-plus days on the market average—there’s a lot to love here. Just another reason Redmond Ridges prices will likely continue to rise in 2022.
Neighborhood 2: Downtown Redmond—The most city-like of any Redmond neighborhoods offers shopping, dining, commercial zones, and a real Urban Vibe. The prices of late, or recent sales trends, show a possible uptick in prices and only 25-days on the market. If you like your city with lots of go, go, go—go here.
Neighborhood 3: Education Hill—The views and similar ranking among state regulars for top schools. Amenities, a commute time of less than 15-minutes, and only 20-days on the market should tell you all you need to know about Education Hill. It’s just a great place to live.
Of course, the Redmond housing market, and particular neighborhoods in Redmond, offer a wide and diverse range of features and amenities—there’s a little something-(or a lot of somethings)-for everyone here. Take a look for yourself and see why these very popular neighborhoods continue to inspire perpetual economic value and will be at the top of some future real estate transaction in 2022. That’s right—the top!
Tips for Home Sellers in Redmond
The home-selling process usually involves two major steps:
- Prepping the home for sale
- Actually selling the home
Although not everyone enjoys or agrees with the first step, it’s hard to argue that prepping your home for sale is anything less than incredibly important. If you want to sell your home fast, this is an essential part of the process for several reasons:
- If people are going to live in your home, they need to be able to see themselves and their stuff in it. One of the best ways to help them with this vision? Start by decluttering and depersonalizing.
- Do you have any faucets that won’t stop leaking? Or perhaps a gigantic hole in a random wall? These are examples of “simple” repairs, the exact type of thing that can help improve the appeal of your home.
- There’s nothing quite like a new coat of paint — most buyers love to see a house with a fresh new look. What kind of color should you paint the wall? You probably already know the answer: you can’t go wrong with neutrals! They’ll appeal to the broadest audience because their taste preferences will be less likely to go in the exact opposite direction.
- First impressions are everything; do what you can to make sure the exterior of your home is free of bird poop and the egregious overgrowth of trees/shrubs/bushes. Keep up that curb appeal! (Essentially: don’t turn people off before they’ve even stepped inside.)
If all of this prep work sounds stressful to you, consider working with a company like ‘We Buy House As Is.’ This is a great solution for many sellers — especially those who won’t have the time, money, or desire to do extensive … or really any … repairs. They say, “Take the stress out of your sale; don’t worry about any expensive realtor commissions, or getting overwhelmed trying to do masterful home staging. We will buy your home just as is … RIGHT NOW!”
Their help goes beyond fixing up your home as well. Any trusted home buyer should be able to provide the following services:
- Give you a full accurate valuation of what your property is currently worth based on the LOCAL MARKET prices of your neighborhood, while offering zero-obligation, no-cost estimates.
- Help you decide on what your future selling price should be.
After reading all of this advice, the first thing that you should do is seek “emotional closure” … and that’s not surprising. Compared to the steps of depersonalizing, repairing, and painting your home, as well as taking all the steps to actually sell the home, emotional closure is probably the hardest step.
“Beautiful, techy, and outdoors-y, pretty much sums up the city of Redmond. We are blessed to have amazing neighborhoods like Education Hill and Downtown Redmond. Schools are great, parks are abundant, and you’re never too far away from fun activities. All in all, this is a highly desirable area for families and working professionals. Because of these reasons, a home for cash in this area would go quickly.
But who am I to talk, I don’t even live in either of those neighborhoods! (honestly who’s got the cash)…
If you’re looking to sell your house fast, shear SEER PRICING. Ideal tax lane solutions, we can help!
Call ‘We Buy House As Is’ at 206-291-6117. 9
Know when to strike when it’s hot. Many homeowners have prospective buyers come to them. Time it right, and you could see yourself a nice profit!
These are some of the top choices to get top dollar for your home for cash in Redmond. Remember, homebuyers don’t just fixate on the final price of the house. You also need to know these prospective information like schools’ scores and neighborhood amenities.
Don’ miss your chance to sell at the peak of the supply-demand chart. Strike before it’s too cold!
Be bold in life and don’t hesitate. Call ‘We Buy House As Is‘ at 206-291-6117.