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East King News

Tuesday, November 26, 2024

Home prices increased in Redmond (unincorporated) during 2021

Realestate4

The median sale price of a home sold in 2021 in Redmond (unincorporated) rose by $330,050 while total sales increased by 40%, according to BlockShopper.com.

From January through December of 2021, there were 329 homes sold, with a median sale price of $1,260,000 - a 35.5% increase over the $929,950 median sale price for the previous year. There were 235 homes sold in Redmond (unincorporated) in 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 2021.

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

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Duvall (unincorporated)13512210.7%$1,500,000$1,122,50033.6%
Newcastle (unincorporated)12850%$1,479,000$605,000144.5%
Sammamish68452231%$1,400,000$1,033,75035.4%
Redmond35523749.8%$1,300,000$950,00036.8%
Newcastle1117842.3%$1,280,500$997,49528.4%
Redmond (unincorporated)32923540%$1,260,000$929,95035.5%
Issaquah2031906.8%$1,235,000$950,00030%
Woodinville (unincorporated)20214143.3%$1,152,000.50$911,00026.5%
Fall City (unincorporated)352825%$1,085,880$1,002,5008.3%
Bellevue (unincorporated)514513.3%$1,070,000$850,00025.9%
Issaquah (unincorporated)1101063.8%$1,032,000$885,00016.6%

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