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Evergreen Reporter

Monday, November 25, 2024

Median home prices in Newcastle (unincorporated) fell to $565,000 in the first half of 2020

Re 10

The median sale price of a home sold in the first half of 2020 in Newcastle (unincorporated) fell by $17,500 while total sales decreased by 80%, according to BlockShopper.com.

From January through June of 2020, there were two homes sold, with a median sale price of $565,000 - a 3% decrease over the $582,500 median sale price for the same period of the previous year. There were 10 homes sold in Newcastle (unincorporated) in the first half of 2019.

The median sales tax in Newcastle (unincorporated) for the most recent year with available data, 2016, was $5,151, approximately 0.9% of the median home sale price for the first half of 2020.

The following table compares Newcastle (unincorporated) to other King County cities with similar median sale prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Carnation1011-9.1%$637,497.50$425,00050%
Shoreline168185-9.2%$628,375$590,0006.5%
Vashon (unincorporated)4953-7.5%$625,000$575,0008.7%
Lea Hill (unincorporated)231553.3%$615,000$550,00011.8%
Ravensdale (unincorporated)514-64.3%$610,000$608,0000.3%
Newcastle (unincorporated)210-80%$565,000$582,500-3%
Snoqualmie (unincorporated)59-44.4%$555,000$600,000-7.5%
East Renton Highlands (unincorporated)175220-20.5%$531,000$502,4505.7%
Renton143211-32.2%$528,500$480,00010.1%
Enumclaw (unincorporated)3244-27.3%$517,500$602,500-14.1%
Renton (unincorporated)2736-25%$515,000$456,50012.8%

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