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Evergreen Reporter

Sunday, September 22, 2024

Home prices increased in Redmond during November 2021

Realestate4

The median sale price of a home sold in November 2021 in Redmond rose by $430,000 while total sales increased by 50%, according to BlockShopper.com.

In November 2021, there were 24 homes sold, with a median sale price of $1,342,500 - a 47.1% increase over the $912,500 median sale price for the same period of the previous year. There were 16 homes sold in Redmond in November 2020.

The median sales tax in Redmond for the most recent year with available data, 2016, was $5,413, approximately 0.4% of the median home sale price for November 2021.

The following table compares Redmond to other King County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Duvall (unincorporated)613-53.8%$1,744,500$989,00076.4%
Kirkland3919105.3%$1,555,000$1,380,80012.6%
Bellevue624055%$1,555,000$1,388,00012%
Newcastle92350%$1,550,000$899,417.2972.3%
Fall City (unincorporated)21100%$1,537,500$1,450,0006%
Redmond241650%$1,342,500$912,50047.1%
Sammamish322718.5%$1,252,500$1,158,0008.2%
Bellevue (unincorporated)36-50%$1,233,000$1,040,00018.6%
Redmond (unincorporated)281947.4%$1,225,000$1,080,00013.4%
Issaquah (unincorporated)990%$1,200,000$918,00030.7%
Woodinville (unincorporated)164300%$1,192,500$1,147,5003.9%

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