Quantcast

East King News

Sunday, November 17, 2024

May 2021: Bellevue experienced a 49% increase in median home prices

Re 14

The median sale price of a home sold in May 2021 in Bellevue rose by $510,000 while total sales increased by 70%, according to BlockShopper.com.

In May 2021, there were 85 homes sold, with a median sale price of $1,550,000 - a 49% increase over the $1,040,000 median sale price for the same period of the previous year. There were 50 homes sold in Bellevue in May 2020.

The median sales tax in Bellevue for the most recent year with available data, 2016, was $5,881, approximately 0.4% of the median home sale price for May 2021.

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

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Medina31200%$3,400,000$3,700,000-8.1%
Clyde Hill110%$3,100,000$3,295,000-5.9%
Hunts Point10-$2,360,000$0-
Yarrow Point12-50%$2,350,000$1,265,40785.7%
Mercer Island198137.5%$1,835,000$1,677,5009.4%
Bellevue855070%$1,550,000$1,040,00049%
Sammamish59557.3%$1,400,000$930,00050.5%
Redmond (unincorporated)322060%$1,375,500$901,15052.6%
Redmond312334.8%$1,360,000$940,00044.7%
Bellevue (unincorporated)42100%$1,325,500$691,25091.8%
Kirkland382835.7%$1,287,500$1,265,0001.8%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS