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East King News

Tuesday, November 26, 2024

Pricing for the median home in Medina decreased during December 2021

Realestate2

The median sale price of a home sold in December 2021 in Medina fell by $2,850,000 while total sales increased by 33.3%, according to BlockShopper.com.

In December 2021, there were four homes sold, with a median sale price of $4,700,000 - a 37.7% decrease over the $7,550,000 median sale price for the same period of the previous year. There were three homes sold in Medina in December 2020.

The median sales tax in Medina for the most recent year with available data, 2016, was $15,135, approximately 0.3% of the median home sale price for December 2021.

The following table compares Medina 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)
Yarrow Point10-$9,500,000$0-
Medina4333.3%$4,700,000$7,550,000-37.7%
Clyde Hill71600%$3,550,000$2,950,00020.3%
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%

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