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East King News

Friday, November 15, 2024

How did home prices perform in Redmond during June 2021?

Realestate4

The median sale price of a home sold in June 2021 in Redmond rose by $545,000 while total sales increased by 87%, according to BlockShopper.com.

In June 2021, there were 43 homes sold, with a median sale price of $1,400,000 - a 63.7% increase over the $855,000 median sale price for the same period of the previous year. There were 23 homes sold in Redmond in June 2020.

The median sales tax in Redmond for the most recent year with available data, 2016, was $5,413, approximately 0.4% of the median home sale price for June 2021.

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

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Mercer Island2829-3.4%$1,990,000$1,700,00017.1%
Sammamish (unincorporated)41300%$1,922,500$1,200,00060.2%
Fenton (unincorporated)3250%$1,895,000$1,580,00019.9%
Bellevue1096373%$1,550,000$1,165,00033%
Kirkland623767.6%$1,422,500$1,136,50025.2%
Redmond432387%$1,400,000$855,00063.7%
Sammamish946056.7%$1,355,975$990,00037%
Redmond (unincorporated)403033.3%$1,309,000$905,00044.6%
Duvall (unincorporated)1317-23.5%$1,300,000$1,020,00027.5%
Snoqualmie1519-21.1%$1,250,000$715,00074.8%
Issaquah251566.7%$1,188,000$1,100,0008%

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