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Saturday, November 23, 2024

What happened to the median home price in Woodinville (unincorporated) during the third quarter of 2020?

Re 12

The median sale price of a home sold in the third quarter of 2020 in Woodinville (unincorporated) fell by $87,900 while total sales increased by 112.9%, according to BlockShopper.com.

From July through September of 2020, there were 66 homes sold, with a median sale price of $900,000 - a 8.9% decrease over the $987,900 median sale price for the same period of the previous year. There were 31 homes sold in Woodinville (unincorporated) in the third quarter of 2019.

The median sales tax in Woodinville (unincorporated) for the most recent year with available data, 2016, was $7,459, approximately 0.8% of the median home sale price for the third quarter of 2020.

The following table compares Woodinville (unincorporated) to other King County cities with similar median sale prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Redmond (unincorporated)825160.8%$1,005,500$899,99911.7%
Issaquah794097.5%$999,500$1,024,500-2.4%
Fenton (unincorporated)13-66.7%$945,000$715,00032.2%
Issaquah (unincorporated)3814171.4%$913,000$870,5004.9%
Snoqualmie (unincorporated)52150%$905,050$532,25070%
Woodinville (unincorporated)6631112.9%$900,000$987,900-8.9%
Bellevue (unincorporated)157114.3%$862,000$839,0002.7%
North Bend (unincorporated)422661.5%$850,250$492,00072.8%
Normandy Park1516-6.3%$850,000$805,0005.6%
Seattle1,39679874.9%$840,349.50$775,0008.4%
Vashon (unincorporated)352540%$825,000$695,00018.7%

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