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Evergreen Reporter

Friday, November 15, 2024

Normandy Park median home prices rose by 40.5% in May 2020

Realestate077

The median sale price of a home sold in May 2020 in Normandy Park rose by $303,250 while total sales decreased by 37.5%, according to BlockShopper.com.

In May 2020, there were five homes sold, with a median sale price of $1,052,500 - a 40.5% increase over the $749,250 median sale price for the same period of the previous year. There were eight homes sold in Normandy Park in May 2019.

The median sales tax in Normandy Park for the most recent year with available data, 2016, was $6,828, approximately 0.6% of the median home sale price for May 2020.

The following table compares Normandy Park to other King County cities with similar median sale prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Kirkland2847-40.4%$1,265,000$950,00033.2%
Fenton (unincorporated)12-50%$1,260,000$1,182,5006.6%
Newcastle813-38.5%$1,223,900$905,00035.2%
Duvall (unincorporated)1016-37.5%$1,180,000$997,00018.4%
Fall City (unincorporated)26-66.7%$1,072,450$755,00042%
Normandy Park58-37.5%$1,052,500$749,25040.5%
Bellevue50114-56.1%$1,040,000$1,159,000-10.3%
Redmond2326-11.5%$940,000$893,0005.3%
Sammamish5577-28.6%$930,000$950,000-2.1%
Issaquah (unincorporated)1118-38.9%$915,000$761,75020.1%
Woodinville (unincorporated)1015-33.3%$904,975$795,00013.8%

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