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Sunday, November 17, 2024

Redmond (unincorporated) home prices fall in February 2020

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The median sale price of a home sold in February 2020 in Redmond (unincorporated) fell by $19,000 while total sales increased by 88.9%, according to BlockShopper.com.

In February 2020, there were 17 homes sold, with a median sale price of $831,000 - a 2.2% decrease over the $850,000 median sale price for the same period of the previous year. There were nine homes sold in Redmond (unincorporated) in February 2019.

The median sales tax in Redmond (unincorporated) for the most recent year with available data, 2016, was $7,301, approximately 0.9% of the median home sale price for February 2020.

The following table compares Redmond (unincorporated) to other King County cities with similar median sales prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Lea Hill (unincorporated)21100%$967,500$525,00084.3%
Redmond811-27.3%$962,500$770,00025%
Lake Forest Park6450%$915,000$659,25038.8%
Issaquah105100%$855,500$694,00023.3%
Sammamish1517-11.8%$850,000$935,000-9.1%
Redmond (unincorporated)17988.9%$831,000$850,000-2.2%
Newcastle42100%$812,500$914,975-11.2%
Woodinville7616.7%$800,000$719,00011.3%
Carnation220%$767,497.50$377,764.86103.2%
North Bend31200%$759,000$591,00028.4%
Shoreline231827.8%$745,000$622,50019.7%

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