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Sunday, November 24, 2024

What happened to the median home price in Redmond (unincorporated) during April?

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The median sale price of a home sold in April in Redmond (unincorporated) rose by $593,000 while total sales increased by 11.1 percent, according to BlockShopper.com.

In April, there were 30 homes sold, with a median sale price of $1,805,000 - a 48.9 percent increase over the $1,212,000 median sale price for the same period of the previous year. There were 27 homes sold in Redmond (unincorporated) in April 2021.

The median sales tax in Redmond (unincorporated) for the most recent year with available data, 2016, was $7,301, approximately 0.4 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Duvall (unincorporated)141127.3$2,000,000$1,615,50023.8
Bellevue5682-31.7$1,946,500$1,430,00036.1
Kirkland3044-31.8$1,940,000$1,600,00021.3
Newcastle813-38.5$1,880,000$1,363,00037.9
Sammamish5878-25.6$1,859,000$1,416,00031.3
Redmond (unincorporated)302711.1$1,805,000$1,212,00048.9
Black Diamond (unincorporated)110$1,750,000$1,450,00020.7
Redmond2434-29.4$1,712,500$1,311,00030.6
Woodinville (unincorporated)18180$1,620,000$1,060,50052.8
Issaquah1820-10$1,452,500$926,00056.9
Issaquah (unincorporated)157114.3$1,400,000$1,035,00035.3

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