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Evergreen Reporter

Sunday, September 22, 2024

Rising home prices in Bellevue in November 2020

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The median sale price of a home sold in November 2020 in Bellevue rose by $238,000 while total sales decreased by 14.9%, according to BlockShopper.com.

In November 2020, there were 40 homes sold, with a median sale price of $1,388,000 - a 20.7% increase over the $1,150,000 median sale price for the same period of the previous year. There were 47 homes sold in Bellevue in November 2019.

The median sales tax in Bellevue for the most recent year with available data, 2016, was $5,881, approximately 0.4% of the median home sale price for November 2020.

The following table compares Bellevue 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)
Medina220%$3,395,500$4,337,500-21.7%
Clyde Hill31200%$3,150,000$2,809,00012.1%
Mercer Island131118.2%$1,675,000$2,099,000-20.2%
Newcastle (unincorporated)20-$1,487,500$0-
Fall City (unincorporated)110%$1,450,000$186,079.31679.2%
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%

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