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Friday, November 15, 2024

Redmond (unincorporated) home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Redmond (unincorporated) rose by $29,999 while total sales increased by 6.3%, according to BlockShopper.com.

From July through September of 2019, there were 51 homes sold, with a median sale price of $899,999 - a 3.4% increase over the $870,000 median sale price for the same period of the previous year. There were 48 homes sold in Redmond (unincorporated) in the third quarter of 2018.

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 the third quarter of 2019.

The following table compares Redmond (unincorporated) to other King County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Woodinville (unincorporated)3139-20.5%$987,900$779,50026.7%
Duvall (unincorporated)1530-50%$985,000$850,00015.9%
Newcastle161414.3%$959,500$865,768.7510.8%
Sammamish1171106.4%$935,000$948,475-1.4%
Redmond6279-21.5%$909,995$882,5003.1%
Redmond (unincorporated)51486.3%$899,999$870,0003.4%
Issaquah (unincorporated)1423-39.1%$870,500$900,000-3.3%
Lake Forest Park2231-29%$862,500$624,00038.2%
Fall City (unincorporated)79-22.2%$840,000$895,000-6.1%
Bellevue (unincorporated)73133.3%$839,000$878,000-4.4%
Normandy Park1620-20%$805,000$750,0007.3%

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