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Friday, November 15, 2024

Redmond (unincorporated) median home prices rose by 38.9% in the first half of 2021

Realestate5

The median sale price of a home sold in the first half of 2021 in Redmond (unincorporated) rose by $347,500 while total sales increased by 50%, according to BlockShopper.com.

From January through June of 2021, there were 147 homes sold, with a median sale price of $1,240,000 - a 38.9% increase over the $892,500 median sale price for the same period of the previous year. There were 98 homes sold in Redmond (unincorporated) in the first half of 2020.

The median sales tax in Redmond (unincorporated) for the most recent year with available data, 2016, was $7,301, approximately 0.6% of the median home sale price for the first half of 2021.

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

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Kirkland21811589.6%$1,422,500$1,190,00019.5%
Sammamish33221852.3%$1,383,500$938,50047.4%
Newcastle543650%$1,285,000$974,50031.9%
Black Diamond (unincorporated)440%$1,260,000$939,00034.2%
Redmond1599272.8%$1,251,000$910,00037.5%
Redmond (unincorporated)1479850%$1,240,000$892,50038.9%
Bellevue (unincorporated)211540%$1,210,000$780,00055.1%
Issaquah996747.8%$1,188,000$920,00029.1%
Woodinville (unincorporated)795058%$1,110,000$937,47518.4%
Kirkland (unincorporated)1249431.9%$1,015,500$758,25033.9%
Issaquah (unincorporated)47462.2%$940,250$797,00018%

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