From January through June of 2020, there were 92 homes sold, with a median sale price of $910,000 - a 7.1% increase over the $849,975 median sale price for the same period of the previous year. There were 106 homes sold in Redmond in the first half of 2019.
The median sales tax in Redmond for the most recent year with available data, 2016, was $5,413, approximately 0.6% of the median home sale price for the first half of 2020.
The following table compares Redmond to other King County cities with similar median sale prices in the first half of 2020:
| City | Jan. - June 2020 Home Sales | Jan. - June 2019 Home Sales | % change (Total Home Sales) | Jan. - June 2020 Median Sales Price | Jan. - June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Newcastle | 36 | 50 | -28% | $974,500 | $870,000 | 12% |
| Black Diamond (unincorporated) | 4 | 4 | 0% | $939,000 | $342,000 | 174.6% |
| Sammamish | 218 | 281 | -22.4% | $938,500 | $905,500 | 3.6% |
| Woodinville (unincorporated) | 50 | 59 | -15.3% | $937,475 | $818,000 | 14.6% |
| Issaquah | 67 | 95 | -29.5% | $920,000 | $869,000 | 5.9% |
| Redmond | 92 | 106 | -13.2% | $910,000 | $849,975 | 7.1% |
| Redmond (unincorporated) | 98 | 104 | -5.8% | $892,500 | $945,000 | -5.6% |
| Seattle | 1,671 | 1,996 | -16.3% | $800,000 | $760,500 | 5.2% |
| Issaquah (unincorporated) | 46 | 49 | -6.1% | $797,000 | $765,000 | 4.2% |
| Normandy Park | 24 | 27 | -11.1% | $792,000 | $785,000 | 0.9% |
| Woodinville | 42 | 57 | -26.3% | $787,000 | $715,000 | 10.1% |
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