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Sunday, November 24, 2024

Home prices increased in Kirkland during the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Kirkland rose by $215,000 while total sales decreased by 26.3%, according to BlockShopper.com.

From January through June of 2020, there were 115 homes sold, with a median sale price of $1,190,000 - a 22.1% increase over the $975,000 median sale price for the same period of the previous year. There were 156 homes sold in Kirkland in the first half of 2019.

The median sales tax in Kirkland for the most recent year with available data, 2016, was $5,770, approximately 0.5% of the median home sale price for the first half of 2020.

The following table compares Kirkland 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)
Yarrow Point69-33.3%$2,995,000$2,988,0000.2%
Clyde Hill1018-44.4%$2,605,000$2,719,000-4.2%
Mercer Island81101-19.8%$1,630,000$1,650,000-1.2%
Fenton (unincorporated)46-33.3%$1,424,000$1,367,5004.1%
Sammamish (unincorporated)39-66.7%$1,200,000$1,194,4000.5%
Kirkland115156-26.3%$1,190,000$975,00022.1%
Bellevue231348-33.6%$1,130,800$1,150,000-1.7%
Duvall (unincorporated)4349-12.2%$1,100,000$1,000,00010%
Fall City (unincorporated)923-60.9%$1,099,900$799,95037.5%
Newcastle3650-28%$974,500$870,00012%
Black Diamond (unincorporated)440%$939,000$342,000174.6%

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