Bellevue home prices rise in February 2017

Bellevue home prices rise in February 2017
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The median sale price of a home sold in February 2017 in Bellevue rose by $245,000 while total sales decreased by 11.3%, according to BlockShopper.com.

In February 2017, there were 63 homes sold, with a median sale price of $1,125,000 – a 27.8% increase over the $880,000 median sale price for the same period of the previous year. There were 71 homes sold in Bellevue in February 2016.

The median sales tax in Bellevue for the most recent year with available data, 2016, was $5,881, approximately 0.5% of the median home sale price for February 2017.

The following table compares Bellevue to other King County cities with similar median sales prices in February 2017:

City Feb. 2017 Home Sales Feb. 2016 Home Sales % change (Total Home Sales) Feb. 2017 Median Sales Price Feb. 2016 Median Sales Price % change (Median Sales Price)
Yarrow Point 2 2 0% $3,324,000 $2,480,000 34%
Clyde Hill 3 4 -25% $2,784,000 $1,750,000 59.1%
Medina 4 3 33.3% $2,749,000 $1,800,000 52.7%
Mercer Island 12 14 -14.3% $1,335,000 $1,050,000 27.1%
Newcastle 4 14 -71.4% $1,135,250 $722,500 57.1%
Bellevue 63 71 -11.3% $1,125,000 $880,000 27.8%
Duvall (unincorporated) 11 16 -31.3% $925,000 $688,500 34.4%
Kirkland 29 27 7.4% $900,000 $830,000 8.4%
Black Diamond (unincorporated) 1 0 $820,000 $0
Redmond 23 26 -11.5% $801,500 $695,000 15.3%
Issaquah 17 15 13.3% $762,000 $788,600 -3.4%


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