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Sunday, September 22, 2024

Redmond (unincorporated) home prices rise in December 2019

Re 9

The median sale price of a home sold in December 2019 in Redmond (unincorporated) rose by $256,750 while total sales decreased by 25%, according to BlockShopper.com.

In December 2019, there were nine homes sold, with a median sale price of $980,000 - a 35.5% increase over the $723,250 median sale price for the same period of the previous year. There were 12 homes sold in Redmond (unincorporated) in December 2018.

The median sales tax in Redmond (unincorporated) for the most recent year with available data, 2016, was $7,301, approximately 0.7% of the median home sale price for December 2019.

The following table compares Redmond (unincorporated) to other King County cities with similar median sales prices in December 2019:

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Normandy Park330%$1,265,000$685,00084.7%
Snoqualmie (unincorporated)21100%$1,167,500$399,950191.9%
Duvall (unincorporated)134225%$1,158,000$742,50056%
Newcastle112450%$1,140,000$637,44478.8%
Kirkland1420-30%$1,020,000$1,199,500-15%
Redmond (unincorporated)912-25%$980,000$723,25035.5%
Sammamish1824-25%$927,500$911,5001.8%
Redmond12119.1%$913,000$767,00019%
Mercer Island38-62.5%$890,000$2,352,444-62.2%
Issaquah (unincorporated)4333.3%$874,000$664,50031.5%
Duvall16-83.3%$810,000$637,50027.1%

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