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East King News

Tuesday, November 26, 2024

Bellevue median home prices rose by 28% in December 2021

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The median sale price of a home sold in December 2021 in Bellevue rose by $361,000 while total sales increased by 27.6%, according to BlockShopper.com.

In December 2021, there were 74 homes sold, with a median sale price of $1,650,000 - a 28% increase over the $1,289,000 median sale price for the same period of the previous year. There were 58 homes sold in Bellevue in December 2020.

The median sales tax in Bellevue for the most recent year with available data, 2016, was $5,881, approximately 0.4% of the median home sale price for December 2021.

The following table compares Bellevue to other King County cities with similar median sale prices in December 2021:

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Mercer Island261752.9%$2,363,500$1,785,00032.4%
Beaux Arts Village10-$1,837,000$0-
Sammamish (unincorporated)10-$1,820,000$0-
Issaquah161145.5%$1,812,500$1,050,00072.6%
Kirkland402653.8%$1,725,000$1,175,00046.8%
Bellevue745827.6%$1,650,000$1,289,00028%
Sammamish3643-16.3%$1,637,500$1,080,00051.6%
Newcastle46-33.3%$1,482,500$1,080,00037.3%
Redmond181338.5%$1,405,000$850,00065.3%
Fall City (unincorporated)41300%$1,367,500$1,390,000-1.6%
Bellevue (unincorporated)7475%$1,365,000$1,720,000-20.6%

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