Redmond Real Estate Listings and Information

Redmond

Companies in the high-tech industry are based in Redmond. The largest employer in the city by far is Microsoft Corporation, which moved its headquarters to Redmond in 1986. Microsoft has over 40,000 blue badge FTEs (full-time equivalent), 45,000 orange badge contractors (as of June 2012, there are over 94,000 workers, and over half are contractors), and more than 8 million square feet (750,000 square meters) of office space in the Seattle area Eastside region, primarily in Redmond, with additional offices in Bellevue and Issaquah (90,000 employees worldwide). Further signs of growth include:

In January 2006, Microsoft announced the purchase of Safeco's Redmond campus. (Formerly one of Redmond's major employers, Safeco began consolidating its offices in Seattle's University District in 2005.)

Other companies with headquarters in Redmond include Nintendo of America, Genie Industries, Physio-Control, Univar, Visible.net, Wild Tangent, Solstice and Data I/O. An Online Trading Academy office and center is also located in Redmond.

Unlike Bellevue and other neighboring cities, the City of Redmond does not have a Business and Occupation tax on income. However, to help offset the costs of road improvements for businesses, a business license fee of $55 per employee was approved in 1996. As of 2014, the fee is $92 per employee.

"Bicycle Capital of the Northwest" by Chrismiceli - Own work. Licensed under CC0 via Wikimedia Commons - http://commons.wikimedia.org/wiki/File:Bicycle_Capital_of_the_Northwest.JPG#/media/File:Bicycle_Capital_of_the_Northwest.JPG

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Redmond

Active Market Stats
  • 387 Listings For Sale
  • $721,352 Average Listing Price
  • $385 Average Listing Price per Square Foot
Sold Market Stats
  • 3228 Properties Sold
  • 65 Average Days on Market
  • $364 Average Sale Price per Square Foot

Average Sale Price in Redmond

Average Days on Market for Redmond Listings

Average Price per Square Foot in Redmond