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Saturday, November 16, 2024

July 2021: Home prices in Redmond (unincorporated) increased

Realestate3

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The median sale price of a home sold in July 2021 in Redmond (unincorporated) rose by $329,000 while total sales increased by 55.6%, according to BlockShopper.com.

In July 2021, there were 42 homes sold, with a median sale price of $1,340,000 - a 32.5% increase over the $1,011,000 median sale price for the same period of the previous year. There were 27 homes sold in Redmond (unincorporated) in July 2020.

The median sales tax in Redmond (unincorporated) for the most recent year with available data, 2016, was $7,301, approximately 0.5% of the median home sale price for July 2021.

The following table compares Redmond (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)
Sammamish (unincorporated)110%$1,891,000$1,750,0008.1%
Bellevue957231.9%$1,500,000$1,186,500.5026.4%
Kirkland4246-8.7%$1,487,500$1,267,50017.4%
Sammamish686013.3%$1,452,500$1,065,00036.4%
Duvall (unincorporated)216250%$1,450,000$1,275,00013.7%
Redmond (unincorporated)422755.6%$1,340,000$1,011,00032.5%
Redmond392839.3%$1,305,000$1,043,85025%
Ravensdale (unincorporated)10-$1,300,000$0-
Fenton (unincorporated)10-$1,300,000$0-
Woodinville (unincorporated)181520%$1,291,000$1,049,00023.1%
Normandy Park34-25%$1,250,000$787,50058.7%

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