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Evergreen Reporter

Wednesday, November 13, 2024

Newcastle home prices rise in 2019

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The median sale price of a home sold in 2019 in Newcastle rose by $42,091 while total sales increased by 83.3%, according to BlockShopper.com.

From January through December of 2019, there were 88 homes sold, with a median sale price of $864,500 - a 5.1% increase over the $822,409 median sale price for the previous year. There were 48 homes sold in Newcastle in 2018.

The median sales tax in Newcastle for the most recent year with available data, 2016, was $7,041, approximately 0.8% of the median home sale price for 2019.

The following table compares Newcastle to other King County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Kirkland2892726.3%$980,000$1,067,500-8.2%
Redmond (unincorporated)20316324.5%$925,000$843,5009.7%
Sammamish48241615.9%$915,000$950,000-3.7%
Redmond2152017%$880,000$868,0001.4%
Issaquah1741627.4%$868,000$838,0003.6%
Newcastle884883.3%$864,500$822,4095.1%
Woodinville (unincorporated)122123-0.8%$834,500$810,0003%
Normandy Park5357-7%$800,000$750,0006.7%
Fall City (unincorporated)322528%$794,475$850,000-6.5%
Seattle3,6143,16414.2%$765,000$778,250-1.7%
Bellevue (unincorporated)392650%$763,000$777,500-1.9%

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