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Friday, November 8, 2024

Pricing for the median home in Medina increased during July 2020

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The median sale price of a home sold in July 2020 in Medina rose by $1,349,000 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In July 2020, there were four homes sold, with a median sale price of $4,049,000 - a 50% increase over the $2,700,000 median sale price for the same period of the previous year. There were four homes sold in Medina in July 2019, as well.

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 July 2020.

The following table compares Medina 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)
Medina440%$4,049,000$2,700,00050%
Clyde Hill41300%$2,162,500$2,755,000-21.5%
Sammamish (unincorporated)110%$1,750,000$1,165,00050.2%
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%

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