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Sunday, November 17, 2024

Medina home prices rose in April 2020

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The median sale price of a home sold in April 2020 in Medina rose by $362,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In April 2020, there were two homes sold, with a median sale price of $2,562,500 - a 16.5% increase over the $2,200,000 median sale price for the same period of the previous year. There were two homes sold in Medina in April 2019, as well.

The median sales tax in Medina for the most recent year with available data, 2016, was $15,135, approximately 0.6% of the median home sale price for April 2020.

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

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Yarrow Point110%$8,007,375$2,978,000168.9%
Clyde Hill23-33.3%$3,374,000$3,250,0003.8%
Medina220%$2,562,500$2,200,00016.5%
Mercer Island912-25%$1,310,000$1,735,000-24.5%
Duvall (unincorporated)11757.1%$1,182,000$1,070,00010.5%
Kirkland1429-51.7%$1,059,000$996,0006.3%
Bellevue3077-61%$1,027,500$1,200,000-14.4%
Newcastle78-12.5%$1,000,000$716,25039.6%
Sammamish4467-34.3%$991,500$945,0004.9%
Snoqualmie819-57.9%$972,500$729,00033.4%
Fall City (unincorporated)37-57.1%$950,000$680,00039.7%

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