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Evergreen Reporter

Thursday, November 14, 2024

Redmond home prices rise in 2019

Re 1

The median sale price of a home sold in 2019 in Redmond rose by $12,000 while total sales increased by 7%, according to BlockShopper.com.

From January through December of 2019, there were 215 homes sold, with a median sale price of $880,000 - a 1.4% increase over the $868,000 median sale price for the previous year. There were 201 homes sold in Redmond in 2018.

The median sales tax in Redmond for the most recent year with available data, 2016, was $5,413, approximately 0.6% of the median home sale price for 2019.

The following table compares Redmond 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)
Sammamish (unincorporated)151136.4%$1,100,000$1,400,000-21.4%
Duvall (unincorporated)94913.3%$999,975$930,0007.5%
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%

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