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Evergreen Reporter

Sunday, September 22, 2024

Median home prices in Newcastle rose to $1,550,000 in November 2021

Re 9

The median sale price of a home sold in November 2021 in Newcastle rose by $650,583 while total sales increased by 350%, according to BlockShopper.com.

In November 2021, there were nine homes sold, with a median sale price of $1,550,000 - a 72.3% increase over the $899,417 median sale price for the same period of the previous year. There were two homes sold in Newcastle in November 2020.

The median sales tax in Newcastle for the most recent year with available data, 2016, was $7,041, approximately 0.5% of the median home sale price for November 2021.

The following table compares Newcastle 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)
Sammamish (unincorporated)21100%$2,435,000$1,265,00092.5%
Beaux Arts Village10-$2,200,000$0-
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%

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