By Bret Butler | Butler & Butler at Compass | Founding Broker, Compass Washington; REALTOR® Magazine 30 Under 30 honoree (2011) | Last updated November 3, 2026
Some of our largest Redmond sales over the past two years have been in the 98053 ZIP code. Since November 2024 Butler & Butler has sold four homes in 98053 for $2 million or more, totaling $13,111,500.
These sales give us a good look at the luxury market in this part of Redmond. Here’s a closer look at the homes we’ve sold, how they compare with the broader market and what the numbers mean if you own a home in 98053.
We’re Butler & Butler at Compass, a family real estate team made up of Bret, Lisa, Greg and Sunny Butler. We bring 41 years of experience and over 100 years of combined experience helping buyers and sellers in Redmond, Woodinville, Kirkland, Bellevue, Sammamish and throughout Seattle’s Eastside. We’re #1 in Woodinville and #24 in Washington by sales volume (RealTrends Verified 2026, based on 2025 sales data) and rank among the top 1% of real estate agents nationwide.
Key numbers: 98053 luxury home sales (as of November 3, 2026)
- Our $2M+ sales in 98053 since November 2024: 4 homes, $13,111,500 in total, all as the seller’s broker (Compass)
- Our largest: 21407 NE Union Hill Rd, $3,866,500 (May 2026)
- Highest 98053 single-family sale in the 90 days to September 24, 2026: 8407 255th Ave NE, $3,300,000, our listing (NWMLS data)
- 98053 median sale price: $1,375,596, up 2.7% year over year (Redfin, three months ending September 2026)
- Median days on market: 32, up from 17 (Redfin)
- Single-family active listings, NWMLS area 550 (Redmond/Carnation): 189, up 26% from 150, with 3.86 months of inventory (September 2026)
Which $2M+ homes have we sold in 98053 since late 2024?
For this post, we’re defining a luxury sale as a home that sold for $2 million or more.
According to Compass closed-sales records, our team represented the sellers of four homes in 98053 at that price level between November 2024 and November 3, 2026.
| Address | Sale price | Closed | Beds | Sq. ft. | Acres | Year built | We represented |
|---|---|---|---|---|---|---|---|
| 21407 NE Union Hill Rd, Redmond, WA 98053 | $3,866,500 | May 2026 | 8 | 7,630 | 13.88 | 1989 | Seller |
| 8407 255th Ave NE, Redmond, WA 98053 | $3,300,000 | August 2026 | 4 | 5,300 | 4.11 | 2006 | Seller |
| 21620 NE 92nd Pl, Redmond, WA 98053 | $3,250,000 | July 2025 | 4 | 4,120 | 4.63 | 1992 | Seller |
| 7120 259th Pl NE, Redmond, WA 98053 | $2,695,000 | October 2026 | 4 | 4,640 | 2.10 | 1999 | Seller |
Three of the four homes sold for $3 million or more and three closed in 2026. All four properties are in the Union Hill and Novelty Hill area, with lots ranging from 2 to nearly 14 acres.
What stood out about each sale?
21407 NE Union Hill Rd, Redmond: $3,866,500 (May 2026)
This was our largest 98053 sale during the period. Built in 1989, the 8-bedroom, 7,630-square-foot estate sits on 13.88 acres off Union Hill Road. Our team represented the sellers.
8407 255th Ave NE, Redmond: $3,300,000 (August 2026)
This gated property, built in 2006, offers 5,300 square feet on 4.11 acres. At $3,300,000, it was the highest-priced of 69 single-family sales in 98053 during the 90 days ending September 24, 2026, according to NWMLS data. We represented the sellers.
21620 NE 92nd Pl, Redmond: $3,250,000 (July 2025)
Built in 1992, this 4-bedroom home offers 4,120 square feet on 4.63 acres. Our team represented the sellers.
7120 259th Pl NE, Redmond: $2,695,000 (October 2026)
Our most recent 98053 sale was this 4,640-square-foot home on 2.10 acres, built in 1999. We represented the sellers. See the listing page.
How do these sales compare with the rest of 98053?
Our four luxury sales were well above the overall median home price in 98053. According to Redfin, the median sale price across 98053 was $1,375,596 for the three months ending September 2026, up 2.7% from a year earlier.
Looking specifically at NWMLS single-family sold data for the 90 days ending September 24, 2026, the median among 66 MLS-listed sales was $1,378,500. Our listing at 8407 255th Ave NE was the highest-priced of all 69 sales during that period at $3,300,000.
The broader market has slowed over the past year. Redfin reported a median of 32 days on market in 98053, up from 17, along with a 97.4% sale-to-list ratio. During that same period, 41.0% of homes had price reductions.
In NWMLS area 550 (Redmond/Carnation), active single-family listings increased 26% to 189 in September 2026, with 3.86 months of inventory.
What does that mean for luxury sellers? Buyers are still purchasing estate properties, but there’s more competition and they’re taking more time to make decisions. Pricing, preparation and marketing are especially important in this market.
Why doesn’t 98053 always show up in “Redmond” data?
One thing that’s easy to overlook is that most of 98053 is actually outside the City of Redmond.
According to King County Assessor records, 390 of 392 qualifying house sales in 98053 since November 2024 were coded to unincorporated King County, even though those properties have Redmond mailing addresses.
That distinction matters when reviewing market data. Some reports and online valuation tools only include properties within Redmond city limits, which means they can leave out a significant number of 98053 sales.
It’s one reason we look at 98053 separately when evaluating properties in this area. Our 98053 real estate page brings the latest market numbers together in one place.
What other 98053 sales have we handled?
Not every home we’ve sold in 98053 has been a large estate. We’ve also represented buyers and sellers on these additional properties since November 2024:
| Address | Sale price | Closed | Beds | Sq. ft. | We represented |
|---|---|---|---|---|---|
| 9244 215th Ave NE, Redmond, WA 98053 | $1,470,000 | July 2026 | 4 | 2,600 | Seller |
| 8042 243rd Pl NE, Redmond, WA 98053 | $1,990,000 | July 2026 | 4 | 3,350 | Seller |
| 234th Pl NE, Redmond, WA 98053 | $1,925,000 | September 2025 | 4 | 3,200 | Buyer |
| 215th Ave NE, Redmond, WA 98053 | $1,460,000 | July 2025 | 4 | 2,600 | Buyer |
Including those transactions, our team has closed eight sales in 98053 totaling $19,956,500 since November 2024. Across Redmond as a whole, including 98052, we’ve closed 12 sales totaling $27,308,500 during that same period.
What does this mean if you own a $2M+ home in 98053?
If you’re considering selling a luxury home in 98053, there are a few things worth keeping in mind.
- Land and privacy still matter. All four of our $2M+ sales were on properties of two acres or more. Buyers are still willing to pay for homes that offer acreage and privacy.
- Give yourself enough time. With a 32-day median time on market and more competing listings, it’s important to have a realistic timeline and a clear pricing and marketing plan before listing.
- Understand the costs before selling in 2027. Washington’s excise tax tiers change on January 1, 2027. Our REET 2027 guide explains the new tiers and what sellers should know.
Every property is different, especially when it comes to acreage and custom homes. We look closely at the land, the home itself and the most recent comparable sales before recommending a price.
If you’re curious where your home fits in today’s market, we’d be happy to help. You can request a free home valuation, browse Redmond homes for sale or read our guide to living in Redmond.
Frequently asked questions about 98053 luxury home sales
What were the biggest home sales in 98053 in 2026?
Among our own sales, the largest was 21407 NE Union Hill Rd, which sold for $3,866,500 in May 2026. According to NWMLS single-family sold data for the 90 days ending September 24, 2026, the highest-priced sale in 98053 was our listing at 8407 255th Ave NE, which sold for $3,300,000 in August 2026.
How many $2M+ homes has Butler & Butler sold in 98053?
Since November 2024 our team has sold four homes in 98053 for $2 million or more, totaling $13,111,500. We represented the sellers on all four transactions, according to Compass closed-sales records. Three of those homes sold for $3 million or more.
What is the median home price in 98053?
Redfin reported a median sale price of $1,375,596 across all home types in 98053 for the three months ending September 2026, up 2.7% year over year.
Are luxury homes in 98053 selling right now?
Yes. Buyers are still purchasing luxury properties in 98053, although the market is moving at a slower pace. Redfin reported a median of 32 days on market in 98053, up from 17, with price reductions on 41.0% of homes during the three months ending September 2026. Our four $2M+ sales closed between July 2025 and October 2026.
Who can help me sell a luxury home in 98053?
We’re Butler & Butler at Compass, a family real estate team made up of Bret, Lisa, Greg and Sunny Butler. We bring 41 years of experience and over 100 years of combined experience helping buyers and sellers throughout the Eastside. If you’re considering selling a luxury home in 98053, call Bret at 206.604.3350 or email [email protected].
Thinking about a move in 98053? We’d be happy to talk through your options and help you understand the current market. Call Bret at 206.604.3350, email [email protected], meet our team or contact us.
Sources: Compass closed-sales records for Butler & Butler (checked November 3, 2026); Redfin 98053 housing market (three months ending September 2026, checked November 3, 2026); NWMLS September 2026 King County map area breakouts (October data not yet released) and NWMLS single-family sold data for 98053 (90 days ending September 24, 2026); King County Department of Assessments sales and parcel data (files dated October 2026). Deemed reliable but not guaranteed.