Redmond

Redmond boasts a wide variety of communities, from historic neighborhoods to modern residential complexes. The city is known for being a welcoming and diverse community where residents can find a place to belong and connect. Additionally, Redmond has a large community of businesses, technology, and arts, making it an ideal place for those seeking entrepreneurship and opportunities. Ultimately, Redmond is a city that offers a wide range of living and community options for all tastes. In summary, Redmond offers diverse living and community options for everyone.

Here are some aspects that may interest you when buying a home in this area.

Redmond boasts a dynamic community in business, technology, and the arts, making it an ideal location for those seeking entrepreneurial opportunities. In short, Redmond is a city that offers diverse living options and a welcoming community for all preferences.

Variety of shopping options: Redmond has a wide range of stores and shopping centers, from major retail chains to small independent shops.
Diverse economy: The city boasts a prosperous and diverse economy, with numerous companies in technology, retail, services, and more, meaning many job and growth opportunities.
Excellent entertainment options: Redmond offers numerous parks, walking trails, entertainment centers, and year-round events.
Safe and friendly atmosphere: Redmond is a very safe city with a welcoming and friendly feel.
Proximity to Seattle: Redmond is just minutes away from Seattle, so you can enjoy the benefits of a large city while living in a more peaceful and accessible environment.

In summary, Redmond offers a wide range of shopping options, a diverse economy, excellent entertainment options, a safe and pleasant environment, and a convenient location near Seattle.

Profile

The real estate market in Redmond, Washington, in 2024 is expected to remain competitive due to tight inventory and rising demand. Home prices in the area continue to reflect this imbalance, with Redmond's average home price sitting at approximately $1.23 million . The population growth in Redmond, along with limited housing supply, is contributing to higher prices and continued competition among buyers. As of October 2024, there was less than a 3-month supply of homes for sale, indicating a strong seller's market. . Even though there is some new residential construction planned for the broader Seattle area, it may not be enough to address the ongoing supply shortage. The market is expected to remain tight, with demand likely to continue through the rest of 2024, meaning home buyers may need to prepare for a competitive environment

Redmond, Washington, se encuentra a 20 km de Seattle, en un entorno natural rodeado por las Montañas Cascade. Con una superficie de 46 km², es la sede de empresas como Microsoft y Nintendo of America. Además de su vibrante comunidad tecnológica, la ciudad cuenta con parques como Marymoor y está conectada por rutas principales, ofreciendo una vida tranquila con acceso a modernas comodidades.

Land Area. Redmond covers a territorial area of approximately 46 square kilometers (17.7 square miles). Much of Redmond's land is covered by forests and green spaces, enhancing its natural appeal and quality of life. The city’s main coordinates are 47.674° latitude and -122.1215° longitude in King County. The official boundaries of Redmond span 16.47 square miles of land and 0.01 square miles of water. King County is in the Pacific Time Zone (GMT -8), with an elevation of 43 feet.

Population The city of Redmond had an estimated population of 80,275 in 2024, according to recent census data. Redmond ranks in the top quartile for the Diversity and Population Density Index compared to other cities, towns, and census-designated places (CDPs) in Washington. However, this number may vary, as the city has experienced consistent growth in recent years due to the increase in jobs and opportunities in the area. Redmond's population is diverse and multicultural, with a large number of international residents and people who speak different languages. The city is also known for its young and educated population, partly due to the presence of major tech companies like Microsoft, which has attracted professionals from around the world. In general, Redmond is a vibrant and diverse city with a constantly growing population and a unique blend of cultures and languages.

MARKET TYPES IN REDMOND Redmond offers a variety of markets to cater to different needs and tastes. Below are some of the most common types of markets in the city: Fresh Food Markets: Redmond hosts several markets offering fresh, local products, such as the Redmond Saturday Market, where you can find fruits, vegetables, fresh meats, dairy products, artisanal baked goods, and other high-quality local foods. Many of these markets also have prepared food options. Flea Markets: While more limited, flea markets and second-hand markets are available in the area, offering everything from vintage items to home decor and furniture. These markets are popular among those looking for unique and affordable pieces. Farmers Markets: Farmers' markets are common in Redmond, like the Redmond Farmers Market. These markets offer seasonal, fresh products, local herbs, organic goods, honey, and other items grown by regional farmers, giving residents direct access to fresh, healthy food. Arts and Crafts Markets: Redmond is also home to several events and markets dedicated to arts and crafts. Here, visitors can buy everything from local artwork to handmade decor items, including jewelry, ceramics, paintings, and textiles. Technology Markets: Redmond is known for being the headquarters of major tech companies, such as Microsoft. Although not as traditional as food or craft markets, there are tech events, expos, and markets where residents can explore innovative electronic products, gadgets, and advanced technological solutions. In summary, Redmond offers a wide range of markets that include fresh products, crafts, technology, and much more. This ensures that there’s something for every type of interest, from food lovers to tech enthusiasts.