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Evergreen Reporter

Sunday, September 22, 2024

November 2021: Home prices in Medina fell

Re 9

The median sale price of a home sold in November 2021 in Medina fell by $845,500 while total sales increased by 50%, according to BlockShopper.com.

In November 2021, there were three homes sold, with a median sale price of $2,550,000 - a 24.9% decrease over the $3,395,500 median sale price for the same period of the previous year. There were two homes sold in Medina in November 2020.

The median sales tax in Medina for the most recent year with available data, 2016, was $15,135, approximately 0.6% of the median home sale price for November 2021.

The following table compares Medina 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)
Clyde Hill330%$3,200,000$3,150,0001.6%
Fenton (unincorporated)20-$2,662,500$0-
Medina3250%$2,550,000$3,395,500-24.9%
Hunts Point10-$2,550,000$0-
Mercer Island161323.1%$2,522,500$1,675,00050.6%
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%

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