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Evergreen Reporter

Sunday, September 22, 2024

Falling home prices in Normandy Park in November 2020

Realestate2

The median sale price of a home sold in November 2020 in Normandy Park fell by $595,000 while total sales decreased by 50%, according to BlockShopper.com.

In November 2020, there were two homes sold, with a median sale price of $687,500 - a 46.4% decrease over the $1,282,500 median sale price for the same period of the previous year. There were four homes sold in Normandy Park in November 2019.

The median sales tax in Normandy Park for the most recent year with available data, 2016, was $6,828, approximately 1% of the median home sale price for November 2020.

The following table compares Normandy Park to other King County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Black Diamond (unincorporated)110%$750,000$544,00037.9%
Bothell410-60%$745,375$667,50011.7%
Kirkland (unincorporated)14140%$744,500$786,250-5.3%
North Bend3250%$742,500$670,00010.8%
Vashon (unincorporated)19-88.9%$706,000$590,00019.7%
Normandy Park24-50%$687,500$1,282,500-46.4%
Enumclaw (unincorporated)56-16.7%$685,000$552,50024%
Shoreline2029-31%$665,000$560,00018.8%
Renton2830-6.7%$610,000$492,47523.9%
North Bend (unincorporated)111010%$610,000$491,50024.1%
Carnation110%$607,000$483,50025.5%

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