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Thursday, November 14, 2024

Normandy Park home prices rise in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Normandy Park rose by $250,500 while total sales remained unchanged with 10 homes sold, according to BlockShopper.com.

From October through December of 2019, there were 10 homes sold, with a median sale price of $1,000,000 - a 33.4% increase over the $749,500 median sale price for the same period of the previous year. There were 10 homes sold in Normandy Park in the fourth quarter of 2018, as well.

The median sales tax in Normandy Park for the most recent year with available data, 2016, was $6,828, approximately 0.7% of the median home sale price for the fourth quarter of 2019.

The following table compares Normandy Park to other King County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Mercer Island2634-23.5%$1,400,000$1,678,000-16.6%
Bellevue121122-0.8%$1,188,000$957,00024.1%
Snoqualmie (unincorporated)46-33.3%$1,027,625$485,000111.9%
Duvall (unincorporated)301776.5%$1,025,000$865,00018.5%
Black Diamond (unincorporated)220%$1,022,000$539,22589.5%
Normandy Park10100%$1,000,000$749,50033.4%
Sammamish (unincorporated)42100%$997,500$917,5008.7%
Redmond47446.8%$910,000$827,50010%
Kirkland6568-4.4%$900,000$1,180,250-23.7%
Sammamish8499-15.2%$899,975$875,0002.9%
Redmond (unincorporated)48464.3%$863,000$867,475-0.5%

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