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Saturday, September 21, 2024

Kirkland home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Kirkland rose by $415,000 while total sales decreased by 23.4%, according to BlockShopper.com.

From January through March of 2020, there were 36 homes sold, with a median sale price of $1,315,000 - a 46.1% increase over the $900,000 median sale price for the same period of the previous year. There were 47 homes sold in Kirkland in the first quarter of 2019.

The median sales tax in Kirkland for the most recent year with available data, 2016, was $5,770, approximately 0.4% of the median home sale price for the first quarter of 2020.

The following table compares Kirkland 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)
Clyde Hill58-37.5%$2,600,000$2,617,091.50-0.7%
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%

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