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Evergreen Reporter

Friday, November 15, 2024

October 2020: Home prices in Redmond (unincorporated) increased

Realestate5

The median sale price of a home sold in October 2020 in Redmond (unincorporated) rose by $171,000 while total sales increased by 85.7%, according to BlockShopper.com.

In October 2020, there were 26 homes sold, with a median sale price of $961,000 - a 21.6% increase over the $790,000 median sale price for the same period of the previous year. There were 14 homes sold in Redmond (unincorporated) in October 2019.

The median sales tax in Redmond (unincorporated) for the most recent year with available data, 2016, was $7,301, approximately 0.8% of the median home sale price for October 2020.

The following table compares Redmond (unincorporated) to other King County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Sammamish (unincorporated)110%$1,260,000$995,00026.6%
Ravensdale (unincorporated)83166.7%$1,145,000$965,00018.7%
Bellevue10440160%$1,125,000$1,008,00011.6%
Sammamish6432100%$1,110,000.50$885,00025.4%
Duvall (unincorporated)910-10%$1,040,000$1,004,9503.5%
Redmond (unincorporated)261485.7%$961,000$790,00021.6%
Woodinville9580%$950,000$740,00028.4%
Fall City (unincorporated)40-$948,000$0-
Redmond341978.9%$944,898.50$892,0005.9%
Woodinville (unincorporated)811-27.3%$936,500$823,50013.7%
Snoqualmie8633.3%$922,500$618,74549.1%

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