Quantcast

Evergreen Reporter

Wednesday, December 4, 2024

Bellevue home prices rise in the first quarter of 2020

Realestate077

The median sale price of a home sold in the first quarter of 2020 in Bellevue rose by $187,500 while total sales decreased by 18.5%, according to BlockShopper.com.

From January through March of 2020, there were 88 homes sold, with a median sale price of $1,200,000 - a 18.5% increase over the $1,012,500 median sale price for the same period of the previous year. There were 108 homes sold in Bellevue in the first quarter of 2019.

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 the first quarter of 2020.

The following table compares Bellevue to other King County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Fall City (unincorporated)23-33.3%$1,700,000$1,000,00070%
Mercer Island353016.7%$1,630,000$1,465,42511.2%
Fenton (unincorporated)13-66.7%$1,468,000$1,375,0006.8%
Sammamish (unincorporated)16-83.3%$1,375,000$1,272,2008.1%
Kirkland3647-23.4%$1,315,000$900,00046.1%
Bellevue88108-18.5%$1,200,000$1,012,50018.5%
Sammamish5975-21.3%$920,000$858,0007.2%
Issaquah27270%$911,000$835,0009.1%
Redmond2837-24.3%$897,500$779,50015.1%
Redmond (unincorporated)362924.1%$887,500$940,000-5.6%
Lake Forest Park1318-27.8%$850,000$658,50029.1%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS