Redmond Ridge Real Estate Market Update

Redmond Ridge Real Estate Information

As of August 13th, 2012 - Redmond Ridge Real Estate - Q&A

Q. How Many Homes are for Sale on The Ridge?  A. 26 Homes

Q. How Many Homes are Short Sales/Bank Owned? A. 1 Home

Q. What is the Average Days on Market for sales in the past 60 days? A. 76 Days (Note: this includes new homes which many are pre sales. when you only include re sale homes, the avg days on market is 39 days. )

Q. What is the Average Sales Price on The Ridge for the past 60 days?  A. $512,633

Some Additional Redmond Ridge Stats:

• 30 day Activity: 7 New Lisings, 20 pending, 13 Sold
• Past 6 months avg list $506,995 vs avg selling price $498,586 for single family and condos
• Avg price per sq. ft. for single family & condos past 6 months: $196.17
• Number of homes sold in past 6 months: 72
• Number of new construction homes listed: 15 of  25 = 50%

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