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Evergreen Reporter

Monday, November 25, 2024

June 2020: Newcastle (unincorporated) experienced a 63.1% drop in median home prices

Realestate2

The median sale price of a home sold in June 2020 in Newcastle (unincorporated) fell by $965,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In June 2020, there were two homes sold, with a median sale price of $565,000 - a 63.1% decrease over the $1,530,000 median sale price for the same period of the previous year. There were two homes sold in Newcastle (unincorporated) in June 2019, as well.

The median sales tax in Newcastle (unincorporated) for the most recent year with available data, 2016, was $5,151, approximately 0.9% of the median home sale price for June 2020.

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

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Shoreline482777.8%$642,475$590,0008.9%
Ravensdale (unincorporated)110%$640,000$596,0007.4%
Carnation41300%$633,500$228,000177.9%
Snoqualmie (unincorporated)220%$610,000$537,47513.5%
Renton32313.2%$567,500$485,00017%
Newcastle (unincorporated)220%$565,000$1,530,000-63.1%
Renton (unincorporated)440%$555,975$408,97535.9%
Maple Valley443815.8%$550,999.50$490,00012.4%
Burien1822-18.2%$550,505$467,75017.7%
North Bend (unincorporated)816-50%$546,000$637,500-14.4%
East Renton Highlands (unincorporated)4147-12.8%$528,000$527,0000.2%

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