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Evergreen Reporter

Monday, November 25, 2024

What happened to the median home price in Issaquah (unincorporated) during the second quarter of 2020?

Re 8

The median sale price of a home sold in the second quarter of 2020 in Issaquah (unincorporated) rose by $35,000 while total sales decreased by 2.9%, according to BlockShopper.com.

From April through June of 2020, there were 34 homes sold, with a median sale price of $805,000 - a 4.5% increase over the $770,000 median sale price for the same period of the previous year. There were 35 homes sold in Issaquah (unincorporated) in the second quarter of 2019.

The median sales tax in Issaquah (unincorporated) for the most recent year with available data, 2016, was $7,003, approximately 0.9% of the median home sale price for the second quarter of 2020.

The following table compares Issaquah (unincorporated) to other King County cities with similar median sale prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Issaquah4068-41.2%$935,000$875,0006.9%
Redmond6469-7.2%$920,000$886,0003.8%
Redmond (unincorporated)6275-17.3%$897,500$975,000-7.9%
Seattle1,0701,378-22.4%$820,000$775,0005.8%
Normandy Park19190%$805,000$750,0007.3%
Issaquah (unincorporated)3435-2.9%$805,000$770,0004.5%
Woodinville2239-43.6%$795,000$715,00011.2%
Kenmore3247-31.9%$782,500$700,00011.8%
Bothell302711.1%$775,000$692,50011.9%
Kirkland (unincorporated)6280-22.5%$774,750$735,0005.4%
Bellevue (unincorporated)721-66.7%$770,000$750,0002.7%

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