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Tuesday, November 26, 2024

How did home prices perform in Newcastle (unincorporated) during 2021?

Re 12

The median sale price of a home sold in 2021 in Newcastle (unincorporated) rose by $874,000 while total sales increased by 50%, according to BlockShopper.com.

From January through December of 2021, there were 12 homes sold, with a median sale price of $1,479,000 - a 144.5% increase over the $605,000 median sale price for the previous year. There were eight homes sold in Newcastle (unincorporated) in 2020.

The median sales tax in Newcastle (unincorporated) for the most recent year with available data, 2016, was $5,151, approximately 0.3% of the median home sale price for 2021.

The following table compares Newcastle (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)
Sammamish (unincorporated)121020%$1,880,500$1,452,49529.5%
Fenton (unincorporated)197171.4%$1,710,000$1,380,00023.9%
Bellevue94065144.4%$1,506,800.50$1,200,00025.6%
Kirkland46731050.6%$1,500,000$1,240,00021%
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%

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