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East King News

Saturday, November 16, 2024

Home prices increased in Newcastle during July 2021

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The median sale price of a home sold in July 2021 in Newcastle rose by $55,000 while total sales increased by 85.7%, according to BlockShopper.com.

In July 2021, there were 13 homes sold, with a median sale price of $1,080,000 - a 5.4% increase over the $1,025,000 median sale price for the same period of the previous year. There were seven homes sold in Newcastle in July 2020.

The median sales tax in Newcastle for the most recent year with available data, 2016, was $7,041, approximately 0.7% of the median home sale price for July 2021.

The following table compares Newcastle 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)
Normandy Park34-25%$1,250,000$787,50058.7%
Issaquah (unincorporated)1315-13.3%$1,239,000$895,00038.4%
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%

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