Quantcast

Evergreen Reporter

Friday, November 15, 2024

Medina home prices rise in the fourth quarter of 2019

Re 3

The median sale price of a home sold in the fourth quarter of 2019 in Medina rose by $770,000 while total sales decreased by 37.5%, according to BlockShopper.com.

From October through December of 2019, there were five homes sold, with a median sale price of $3,200,000 - a 31.7% increase over the $2,430,000 median sale price for the same period of the previous year. There were eight homes sold in Medina in the fourth quarter of 2018.

The median sales tax in Medina for the most recent year with available data, 2016, was $15,135, approximately 0.5% of the median home sale price for the fourth quarter of 2019.

The following table compares Medina 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)
Hunts Point21100%$5,837,500$5,150,00013.3%
Yarrow Point4333.3%$4,609,777.50$3,908,00018%
Medina58-37.5%$3,200,000$2,430,00031.7%
Clyde Hill79-22.2%$2,360,000$2,450,000-3.7%
Beaux Arts Village10-$2,230,000$0-
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%

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