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Friday, November 15, 2024

How did home prices perform in Medina during October 2020?

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The median sale price of a home sold in October 2020 in Medina rose by $567,500 while total sales increased by 100%, according to BlockShopper.com.

In October 2020, there were six homes sold, with a median sale price of $3,767,500 - a 17.7% increase over the $3,200,000 median sale price for the same period of the previous year. There were three homes sold in Medina in October 2019.

The median sales tax in Medina for the most recent year with available data, 2016, was $15,135, approximately 0.4% of the median home sale price for October 2020.

The following table compares Medina 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)
Medina63100%$3,767,500$3,200,00017.7%
Beaux Arts Village10-$3,350,000$0-
Clyde Hill550%$2,410,000$2,160,00011.6%
Fenton (unincorporated)10-$1,900,000$0-
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%

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