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Evergreen Reporter

Monday, November 25, 2024

Pricing for the median home in Normandy Park increased during the first half of 2020

Realestate1

The median sale price of a home sold in the first half of 2020 in Normandy Park rose by $7,000 while total sales decreased by 11.1%, according to BlockShopper.com.

From January through June of 2020, there were 24 homes sold, with a median sale price of $792,000 - a 0.9% increase over the $785,000 median sale price for the same period of the previous year. There were 27 homes sold in Normandy Park in the first half of 2019.

The median sales tax in Normandy Park for the most recent year with available data, 2016, was $6,828, approximately 0.9% of the median home sale price for the first half of 2020.

The following table compares Normandy Park 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)
Issaquah6795-29.5%$920,000$869,0005.9%
Redmond92106-13.2%$910,000$849,9757.1%
Redmond (unincorporated)98104-5.8%$892,500$945,000-5.6%
Seattle1,6711,996-16.3%$800,000$760,5005.2%
Issaquah (unincorporated)4649-6.1%$797,000$765,0004.2%
Normandy Park2427-11.1%$792,000$785,0000.9%
Woodinville4257-26.3%$787,000$715,00010.1%
Bellevue (unincorporated)1528-46.4%$780,000$764,0002.1%
Bothell383411.8%$776,500$680,50014.1%
Kirkland (unincorporated)94114-17.5%$758,250$710,0056.8%
Lake Forest Park3748-22.9%$750,000$676,00010.9%

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