In April 2020, there were seven homes sold, with a median sale price of $1,000,000 - a 39.6% increase over the $716,250 median sale price for the same period of the previous year. There were eight homes sold in Newcastle in April 2019.
The median sales tax in Newcastle for the most recent year with available data, 2016, was $7,041, approximately 0.7% of the median home sale price for April 2020.
The following table compares Newcastle to other King County cities with similar median sale prices in April 2020:
City | Apr. 2020 Home Sales | Apr. 2019 Home Sales | % change (Total Home Sales) | Apr. 2020 Median Sales Price | Apr. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Medina | 2 | 2 | 0% | $2,562,500 | $2,200,000 | 16.5% |
Mercer Island | 9 | 12 | -25% | $1,310,000 | $1,735,000 | -24.5% |
Duvall (unincorporated) | 11 | 7 | 57.1% | $1,182,000 | $1,070,000 | 10.5% |
Kirkland | 14 | 29 | -51.7% | $1,059,000 | $996,000 | 6.3% |
Bellevue | 30 | 77 | -61% | $1,027,500 | $1,200,000 | -14.4% |
Newcastle | 7 | 8 | -12.5% | $1,000,000 | $716,250 | 39.6% |
Sammamish | 44 | 67 | -34.3% | $991,500 | $945,000 | 4.9% |
Snoqualmie | 8 | 19 | -57.9% | $972,500 | $729,000 | 33.4% |
Fall City (unincorporated) | 3 | 7 | -57.1% | $950,000 | $680,000 | 39.7% |
Redmond | 18 | 23 | -21.7% | $938,500 | $885,000 | 6% |
Lea Hill (unincorporated) | 2 | 7 | -71.4% | $926,389 | $550,000 | 68.4% |