Redmond (unincorporated) home prices rise in May 2018

Redmond (unincorporated) home prices rise in May 2018
0Comments

The median sale price of a home sold in May 2018 in Redmond (unincorporated) rose by $111,000 while total sales decreased by 81.3%, according to BlockShopper.com.

In May 2018, there were nine homes sold, with a median sale price of $950,000 – a 13.2% increase over the $839,000 median sale price for the same period of the previous year. There were 48 homes sold in Redmond (unincorporated) in May 2017.

The median sales tax in Redmond (unincorporated) for the most recent year with available data, 2016, was $7,301, approximately 0.8% of the median home sale price for May 2018.

The following table compares Redmond (unincorporated) to other King County cities with similar median sales prices in May 2018:

City May 2018 Home Sales May 2017 Home Sales % change (Total Home Sales) May 2018 Median Sales Price May 2017 Median Sales Price % change (Median Sales Price)
Duvall (unincorporated) 5 23 -78.3% $1,432,000 $1,000,000 43.2%
Mercer Island 12 37 -67.6% $1,327,500 $1,580,000 -16%
Bellevue 39 130 -70% $1,240,000 $1,120,000 10.7%
Kirkland 20 65 -69.2% $990,500 $845,500 17.1%
Sammamish 35 87 -59.8% $975,000 $910,000 7.1%
Redmond (unincorporated) 9 48 -81.3% $950,000 $839,000 13.2%
Medina 1 8 -87.5% $948,000 $2,709,000 -65%
Redmond 23 54 -57.4% $944,000 $945,000 -0.1%
Lake Forest Park 8 16 -50% $893,500 $645,500 38.4%
Woodinville 5 17 -70.6% $880,000 $700,000 25.7%
Issaquah 13 39 -66.7% $875,000 $830,000 5.4%


Related

First half of 2022: Home prices in Redmond increased

First half of 2022: Home prices in Redmond increased

The median sale price of a home sold in the first half of 2022 in Redmond rose by $349,000 while total sales decreased by 17.6 percent.

What happened to the median home price in Sammamish during the first half of 2022?

What happened to the median home price in Sammamish during the first half of 2022?

The median sale price of a home sold in the first half of 2022 in Sammamish rose by $401,500 while total sales decreased by 16.6 percent.

Medina median home prices fell by 2.7% in the first half of 2022

Medina median home prices fell by 2.7% in the first half of 2022

The median sale price of a home sold in the first half of 2022 in Medina fell by $95,950 while total sales increased by 20 percent.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from East King News.