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Thursday, November 21, 2024

Bellevue median home prices rose by 2.5% in July 2020

Realestate4

The median sale price of a home sold in July 2020 in Bellevue rose by $29,001 while total sales increased by 20%, according to BlockShopper.com.

In July 2020, there were 72 homes sold, with a median sale price of $1,186,501 - a 2.5% increase over the $1,157,500 median sale price for the same period of the previous year. There were 60 homes sold in Bellevue in July 2019.

The median sales tax in Bellevue for the most recent year with available data, 2016, was $5,881, approximately 0.5% of the median home sale price for July 2020.

The following table compares Bellevue to other King County cities with similar median sale prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Mercer Island201533.3%$1,687,000$1,855,000-9.1%
Black Diamond (unincorporated)10-$1,374,999$0-
Yarrow Point10-$1,355,000$0-
Duvall (unincorporated)6450%$1,275,000$999,97527.5%
Kirkland462864.3%$1,267,500$1,184,5007%
Bellevue726020%$1,186,500.50$1,157,5002.5%
Bellevue (unincorporated)5366.7%$1,090,000$730,00049.3%
Sammamish604436.4%$1,065,000$959,00011.1%
Issaquah2912141.7%$1,050,000$1,079,500-2.7%
Woodinville (unincorporated)156150%$1,049,000$1,287,500-18.5%
Redmond281947.4%$1,043,850$870,00020%

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