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Evergreen Reporter

Friday, November 15, 2024

Medina home prices rise in 2019

Realestate5

The median sale price of a home sold in 2019 in Medina rose by $685,000 while total sales remained unchanged with 27 homes sold, according to BlockShopper.com.

From January through December of 2019, there were 27 homes sold, with a median sale price of $3,200,000 - a 27.2% increase over the $2,515,000 median sale price for the previous year. There were 27 homes sold in Medina in 2018, as well.

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 2019.

The following table compares Medina 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)
Yarrow Point147100%$3,897,277.50$3,675,0006%
Medina27270%$3,200,000$2,515,00027.2%
Hunts Point81700%$3,117,500$5,150,000-39.5%
Clyde Hill3444-22.7%$2,617,091.50$2,696,020-2.9%
Beaux Arts Village23-33.3%$2,515,000$2,235,00012.5%
Mercer Island1651593.8%$1,620,000$1,582,0002.4%
Fenton (unincorporated)912-25%$1,360,000$1,150,00018.3%
Bellevue64155016.5%$1,150,000$1,126,9002%
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%

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