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East King News

Friday, November 15, 2024

Newcastle home prices rise in September 2019

Re 5

The median sale price of a home sold in September 2019 in Newcastle rose by $385,000 while total sales decreased by 20%, according to BlockShopper.com.

In September 2019, there were four homes sold, with a median sale price of $1,310,000 - a 41.6% increase over the $925,000 median sale price for the same period of the previous year. There were five homes sold in Newcastle in September 2018.

The median sales tax in Newcastle for the most recent year with available data, 2016, was $7,041, approximately 0.5% of the median home sale price for September 2019.

The following table compares Newcastle to other King County cities with similar median sales prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Clyde Hill51400%$2,550,000$3,350,000-23.9%
Mercer Island615-60%$1,811,250$1,720,0005.3%
Lake Forest Park310-70%$1,355,000$522,500159.3%
Newcastle45-20%$1,310,000$925,00041.6%
Kirkland1236-66.7%$1,295,000$954,50035.7%
Woodinville (unincorporated)511-54.5%$1,075,000$779,50037.9%
Bellevue3253-39.6%$1,032,500$1,090,000-5.3%
Duvall (unincorporated)112-91.7%$985,000$974,0001.1%
Sammamish3137-16.2%$961,000$908,5005.8%
Redmond (unincorporated)1018-44.4%$910,000$832,5009.3%
Redmond1136-69.4%$899,000$810,00011%

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