What happened to the median home price in Sammamish during the first half of 2022?

What happened to the median home price in Sammamish during the first half of 2022?
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The median sale price of a home sold in the first half of 2022 in Sammamish rose by $401,500 while total sales decreased by 16.6 percent, according to BlockShopper.com.

From January through June, there were 277 homes sold, with a median sale price of $1,785,000 – a 29 percent increase over the $1,383,500 median sale price for the same period of the previous year. There were 332 homes sold in Sammamish in the first half of 2021.

The median sales tax in Sammamish for the most recent year with available data, 2016, was $6,642, approximately 0.4 percent of the median home sale price for the first half of 2022.

The following table compares Sammamish to other King County cities with similar median sale prices in the first half of 2022:

City January – June 2022 Home Sales January – June 2021 Home Sales % change (Total Home Sales) January – June 2022 Median Sales Price January – June 2021 Median Sales Price % change (Median Sales Price)
Medina 18 15 20 $3,500,000 $3,595,950 -2.7
Mercer Island 79 102 -22.5 $2,622,914 $1,975,000 32.8
Duvall (unincorporated) 71 53 34 $2,000,000 $1,475,000 35.6
Kirkland 171 218 -21.6 $1,999,000 $1,422,500 40.5
Bellevue 369 424 -13 $1,800,000 $1,450,000 24.1
Sammamish 277 332 -16.6 $1,785,000 $1,383,500 29
Beaux Arts Village 1 4 -75 $1,775,000 $2,480,000 -28.4
Newcastle 49 54 -9.3 $1,720,000 $1,285,000 33.9
Redmond 131 159 -17.6 $1,600,000 $1,251,000 27.9
Redmond (unincorporated) 125 147 -15 $1,580,000 $1,240,000 27.4
Woodinville (unincorporated) 79 79 0 $1,450,000 $1,110,000 30.6


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