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Saturday, November 16, 2024

What happened to the median home price in Bellevue (unincorporated) during July 2021?

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The median sale price of a home sold in July 2021 in Bellevue (unincorporated) fell by $90,000 while total sales decreased by 40%, according to BlockShopper.com.

In July 2021, there were three homes sold, with a median sale price of $1,000,000 - a 8.3% decrease over the $1,090,000 median sale price for the same period of the previous year. There were five homes sold in Bellevue (unincorporated) in July 2020.

The median sales tax in Bellevue (unincorporated) for the most recent year with available data, 2016, was $3,897, approximately 0.4% of the median home sale price for July 2021.

The following table compares Bellevue (unincorporated) to other King County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Issaquah1929-34.5%$1,130,000$1,050,0007.6%
Bothell131118.2%$1,100,000$769,00043%
Kirkland (unincorporated)3040-25%$1,092,500$805,45035.6%
Newcastle13785.7%$1,080,000$1,025,0005.4%
Snoqualmie (unincorporated)24-50%$1,017,500.50$951,0257%
Bellevue (unincorporated)35-40%$1,000,000$1,090,000-8.3%
Woodinville141216.7%$987,500$787,47525.4%
Snoqualmie18180%$970,000$760,00027.6%
Seattle61148326.5%$950,000$825,00015.2%
Bothell (unincorporated)11757.1%$950,000$720,00031.9%
Kenmore199111.1%$950,000$730,00030.1%

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