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Monday, December 23, 2024

Pricing for the median home in Newcastle increased during the fourth quarter of 2020

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The median sale price of a home sold in the fourth quarter of 2020 in Newcastle rose by $136,500 while total sales decreased by 27.3%, according to BlockShopper.com.

From October through December of 2020, there were 16 homes sold, with a median sale price of $965,000 - a 16.5% increase over the $828,500 median sale price for the same period of the previous year. There were 22 homes sold in Newcastle in the fourth quarter of 2019.

The median sales tax in Newcastle for the most recent year with available data, 2016, was $7,041, approximately 0.7% of the median home sale price for the fourth quarter of 2020.

The following table compares Newcastle to other King County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Fall City (unincorporated)62200%$1,123,000$485,539.66131.3%
Sammamish1348459.5%$1,100,000$899,97522.2%
Duvall (unincorporated)353016.7%$1,040,000$1,025,0001.5%
Redmond (unincorporated)554814.6%$1,028,000$863,00019.1%
Woodinville (unincorporated)2532-21.9%$966,500$811,74519.1%
Newcastle1622-27.3%$965,000$828,50016.5%
Issaquah443912.8%$939,250$810,00016%
Woodinville221283.3%$927,500$712,50030.2%
Redmond634734%$910,000$910,0000%
Issaquah (unincorporated)222010%$887,500$718,50023.5%
Bellevue (unincorporated)154275%$882,000$724,50021.7%

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