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Evergreen Reporter

Friday, November 8, 2024

What happened to the median home price in Redmond (unincorporated) during November 2020?

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The median sale price of a home sold in November 2020 in Redmond (unincorporated) rose by $215,000 while total sales decreased by 24%, according to BlockShopper.com.

In November 2020, there were 19 homes sold, with a median sale price of $1,080,000 - a 24.9% increase over the $865,000 median sale price for the same period of the previous year. There were 25 homes sold in Redmond (unincorporated) in November 2019.

The median sales tax in Redmond (unincorporated) for the most recent year with available data, 2016, was $7,301, approximately 0.7% of the median home sale price for November 2020.

The following table compares Redmond (unincorporated) 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)
Bellevue4047-14.9%$1,388,000$1,150,00020.7%
Kirkland1924-20.8%$1,380,800$838,50064.7%
Sammamish (unincorporated)12-50%$1,265,000$550,000130%
Sammamish2734-20.6%$1,158,000$880,00031.6%
Woodinville (unincorporated)49-55.6%$1,147,500$880,00030.4%
Redmond (unincorporated)1925-24%$1,080,000$865,00024.9%
Bellevue (unincorporated)62200%$1,040,000$779,00033.5%
Duvall (unincorporated)13785.7%$989,000$980,0000.9%
Issaquah13130%$945,000$781,00021%
Bothell (unincorporated)69-33.3%$942,500$660,00042.8%
Issaquah (unincorporated)911-18.2%$918,000$699,95031.2%

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