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Friday, November 15, 2024

What happened to the median home price in Sammamish during October 2020?

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The median sale price of a home sold in October 2020 in Sammamish rose by $225,001 while total sales increased by 100%, according to BlockShopper.com.

In October 2020, there were 64 homes sold, with a median sale price of $1,110,001 - a 25.4% increase over the $885,000 median sale price for the same period of the previous year. There were 32 homes sold in Sammamish in October 2019.

The median sales tax in Sammamish for the most recent year with available data, 2016, was $6,642, approximately 0.6% of the median home sale price for October 2020.

The following table compares Sammamish 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)
Mercer Island201266.7%$1,557,250$1,491,5004.4%
Kirkland382740.7%$1,350,000$800,00068.8%
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%

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