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Friday, November 8, 2024

Redmond (unincorporated) home prices fall in March 2020

Realestate5

The median sale price of a home sold in March 2020 in Redmond (unincorporated) fell by $9,025 while total sales increased by 14.3%, according to BlockShopper.com.

In March 2020, there were 16 homes sold, with a median sale price of $928,475 - a 1% decrease over the $937,500 median sale price for the same period of the previous year. There were 14 homes sold in Redmond (unincorporated) in March 2019.

The median sales tax in Redmond (unincorporated) for the most recent year with available data, 2016, was $7,301, approximately 0.8% of the median home sale price for March 2020.

The following table compares Redmond (unincorporated) to other King County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Kirkland241833.3%$1,335,250$931,00043.4%
Black Diamond (unincorporated)10-$1,053,000$0-
Sammamish2634-23.5%$969,000$827,50017.1%
Issaquah1214-14.3%$953,750$867,00010%
Bellevue (unincorporated)4333.3%$940,000$1,141,400-17.6%
Redmond (unincorporated)161414.3%$928,475$937,500-1%
Bothell14-75%$914,000$535,00070.8%
Woodinville660%$848,000$723,50017.2%
Seattle247260-5%$815,000$752,5008.3%
Issaquah (unincorporated)78-12.5%$813,500$652,47524.7%
Redmond1520-25%$805,000$805,500-0.1%

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