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East King News

Saturday, November 16, 2024

Home prices increased in Redmond during October 2020

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The median sale price of a home sold in October 2020 in Redmond rose by $52,899 while total sales increased by 78.9%, according to BlockShopper.com.

In October 2020, there were 34 homes sold, with a median sale price of $944,899 - a 5.9% increase over the $892,000 median sale price for the same period of the previous year. There were 19 homes sold in Redmond in October 2019.

The median sales tax in Redmond for the most recent year with available data, 2016, was $5,413, approximately 0.6% of the median home sale price for October 2020.

The following table compares Redmond to other King County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Sammamish6432100%$1,110,000.50$885,00025.4%
Duvall (unincorporated)910-10%$1,040,000$1,004,9503.5%
Redmond (unincorporated)261485.7%$961,000$790,00021.6%
Woodinville9580%$950,000$740,00028.4%
Fall City (unincorporated)40-$948,000$0-
Redmond341978.9%$944,898.50$892,0005.9%
Woodinville (unincorporated)811-27.3%$936,500$823,50013.7%
Snoqualmie8633.3%$922,500$618,74549.1%
Normandy Park103233.3%$912,500$610,00049.6%
Issaquah20195.3%$904,250$817,00010.7%
Kirkland (unincorporated)409344.4%$892,475$718,50024.2%

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