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Friday, November 15, 2024

Rising home prices in Redmond (unincorporated) in January 2021

Realestate5

The median sale price of a home sold in January 2021 in Redmond (unincorporated) rose by $73,500 while total sales increased by 433.3%, according to BlockShopper.com.

In January 2021, there were 16 homes sold, with a median sale price of $1,092,500 - a 7.2% increase over the $1,019,000 median sale price for the same period of the previous year. There were three homes sold in Redmond (unincorporated) in January 2020.

The median sales tax in Redmond (unincorporated) for the most recent year with available data, 2016, was $7,301, approximately 0.7% of the median home sale price for January 2021.

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

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Duvall (unincorporated)30-$1,250,000$0-
Kirkland225340%$1,237,500$1,220,0001.4%
Bellevue4113215.4%$1,200,000$1,200,0000%
Sammamish201811.1%$1,174,500$782,50050.1%
Fenton (unincorporated)30-$1,154,000$0-
Redmond (unincorporated)163433.3%$1,092,500$1,019,0007.2%
Kirkland (unincorporated)89-11.1%$1,040,000$687,00051.4%
Ravensdale (unincorporated)20-$1,027,500$0-
Issaquah105100%$985,500$699,00041%
Redmond165220%$892,750$1,090,000-18.1%
Issaquah (unincorporated)6450%$874,500$700,00024.9%

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