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Evergreen Reporter

Sunday, September 22, 2024

Home prices increased in Seattle during November 2020

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The median sale price of a home sold in November 2020 in Seattle rose by $69,250 while total sales decreased by 19.9%, according to BlockShopper.com.

In November 2020, there were 254 homes sold, with a median sale price of $830,000 - a 9.1% increase over the $760,750 median sale price for the same period of the previous year. There were 317 homes sold in Seattle in November 2019.

The median sales tax in Seattle for the most recent year with available data, 2016, was $4,956, approximately 0.6% of the median home sale price for November 2020.

The following table compares Seattle 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)
Bothell (unincorporated)69-33.3%$942,500$660,00042.8%
Issaquah (unincorporated)911-18.2%$918,000$699,95031.2%
Redmond16160%$912,500$952,500-4.2%
Newcastle26-66.7%$899,417.29$750,00019.9%
Woodinville14-75%$840,000$760,00010.5%
Seattle254317-19.9%$830,000$760,7509.1%
Kenmore131118.2%$825,000$660,00025%
Snoqualmie440%$799,500$635,00025.9%
Lake Forest Park84100%$792,500$735,0007.8%
Duvall330%$785,000$700,00012.1%
Black Diamond (unincorporated)110%$750,000$544,00037.9%

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