Newcastle home prices fall in April 2018

Newcastle home prices fall in April 2018
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The median sale price of a home sold in April 2018 in Newcastle fell by $139,050 while total sales decreased by 37.5%, according to BlockShopper.com.

In April 2018, there were five homes sold, with a median sale price of $825,000 – a 14.4% decrease over the $964,050 median sale price for the same period of the previous year. There were eight homes sold in Newcastle in April 2017.

The median sales tax in Newcastle for the most recent year with available data, 2016, was $7,041, approximately 0.9% of the median home sale price for April 2018.

The following table compares Newcastle to other King County cities with similar median sales prices in April 2018:

City Apr. 2018 Home Sales Apr. 2017 Home Sales % change (Total Home Sales) Apr. 2018 Median Sales Price Apr. 2017 Median Sales Price % change (Median Sales Price)
Issaquah 18 25 -28% $872,500 $860,000 1.5%
Fenton (unincorporated) 1 0 $850,000 $0
Seattle 218 542 -59.8% $850,000 $706,054 20.4%
Redmond 19 34 -44.1% $835,000 $793,500 5.2%
Redmond (unincorporated) 14 31 -54.8% $827,775 $786,000 5.3%
Newcastle 5 8 -37.5% $825,000 $964,050 -14.4%
Bothell (unincorporated) 5 14 -64.3% $780,000 $567,500 37.4%
Bellevue (unincorporated) 4 6 -33.3% $775,150 $815,000 -4.9%
Snoqualmie 8 17 -52.9% $769,500 $720,000 6.9%
Lake Forest Park 5 9 -44.4% $750,000 $680,000 10.3%
Woodinville 5 12 -58.3% $735,000 $710,250 3.5%


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