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East King News

Tuesday, November 26, 2024

Newcastle (unincorporated) home prices fell in the fourth quarter of 2021

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The median sale price of a home sold in the fourth quarter of 2021 in Newcastle (unincorporated) fell by $136,575 while total sales decreased by 50%, according to BlockShopper.com.

From October through December of 2021, there were two homes sold, with a median sale price of $673,425 - a 16.9% decrease over the $810,000 median sale price for the same period of the previous year. There were four homes sold in Newcastle (unincorporated) in the fourth quarter of 2020.

The median sales tax in Newcastle (unincorporated) for the most recent year with available data, 2016, was $5,151, approximately 0.8% of the median home sale price for the fourth quarter of 2021.

The following table compares Newcastle (unincorporated) to other King County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
East Renton Highlands (unincorporated)16411049.1%$720,500$600,00020.1%
North Bend (unincorporated)3031-3.2%$717,500$600,00019.6%
Maple Valley1087445.9%$708,750$535,00032.5%
Enumclaw (unincorporated)3817123.5%$696,500$540,60028.8%
Renton1259235.9%$678,000$593,75014.2%
Newcastle (unincorporated)24-50%$673,425$810,000-16.9%
Carnation8714.3%$635,000$500,00027%
Kent (unincorporated)1186678.8%$631,000$499,97526.2%
Burien764376.7%$595,500$550,0008.3%
Milton51400%$589,000$270,000118.1%
White Center (unincorporated)452766.7%$584,950$450,00030%

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