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Sunday, November 17, 2024

Bellevue home prices fall in February 2020

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The median sale price of a home sold in February 2020 in Bellevue fell by $42,500 while total sales increased by 3.6%, according to BlockShopper.com.

In February 2020, there were 29 homes sold, with a median sale price of $1,020,000 - a 4% decrease over the $1,062,500 median sale price for the same period of the previous year. There were 28 homes sold in Bellevue in February 2019.

The median sales tax in Bellevue for the most recent year with available data, 2016, was $5,881, approximately 0.6% of the median home sale price for February 2020.

The following table compares Bellevue 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)
Medina20-$4,924,000$0-
Fenton (unincorporated)110%$1,468,000$1,550,000-5.3%
Mercer Island115120%$1,450,000$1,460,000-0.7%
Woodinville (unincorporated)880%$1,300,000$920,00041.3%
Kirkland718-61.1%$1,200,000$1,129,0006.3%
Bellevue29283.6%$1,020,000$1,062,500-4%
Duvall (unincorporated)25-60%$970,000$1,235,000-21.5%
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%

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