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Evergreen Reporter

Tuesday, December 24, 2024

Median home prices in Medina fell to $3,065,500 in February 2021

Re 1

The median sale price of a home sold in February 2021 in Medina fell by $1,858,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In February 2021, there were two homes sold, with a median sale price of $3,065,500 - a 37.7% decrease over the $4,924,000 median sale price for the same period of the previous year. There were two homes sold in Medina in February 2020, as well.

The median sales tax in Medina for the most recent year with available data, 2016, was $15,135, approximately 0.5% of the median home sale price for February 2021.

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

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Yarrow Point10-$6,750,000$0-
Clyde Hill30-$3,400,000$0-
Medina220%$3,065,500$4,924,000-37.7%
Mercer Island911-18.2%$2,100,000$1,450,00044.8%
Duvall (unincorporated)3250%$1,635,000$970,00068.6%
Kirkland207185.7%$1,520,000$1,200,00026.7%
Bellevue502972.4%$1,457,500$1,020,00042.9%
Bellevue (unincorporated)440%$1,453,500$699,000107.9%
Newcastle440%$1,430,000$812,50076%
Sammamish241560%$1,365,000$850,00060.6%
Redmond9812.5%$1,257,500$962,50030.6%

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