Woodinville home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Woodinville fell by $71,000 while total sales increased by 40%, according to BlockShopper.com.

In August 2018, there were seven homes sold, with a median sale price of $779,000 – a 8.4% decrease over the $850,000 median sale price for the same period of the previous year. There were five homes sold in Woodinville in August 2017.

The median sales tax in Woodinville for the most recent year with available data, 2016, was $6,058, approximately 0.8% of the median home sale price for August 2018.

The following table compares Woodinville to other King County cities with similar median sales prices in August 2018:

City Aug. 2018 Home Sales Aug. 2017 Home Sales % change (Total Home Sales) Aug. 2018 Median Sales Price Aug. 2017 Median Sales Price % change (Median Sales Price)
Kirkland 20 21 -4.8% $917,500 $1,100,000 -16.6%
Newcastle 6 7 -14.3% $828,268.75 $1,170,000 -29.2%
Redmond (unincorporated) 18 17 5.9% $800,500 $903,000 -11.4%
Bellevue (unincorporated) 2 5 -60% $789,000 $772,500 2.1%
Kirkland (unincorporated) 10 24 -58.3% $784,500 $615,500 27.5%
Woodinville 7 5 40% $779,000 $850,000 -8.4%
North Bend 2 4 -50% $778,500 $656,500 18.6%
Seattle 311 309 0.6% $750,000 $706,000 6.2%
Normandy Park 5 5 0% $750,000 $685,000 9.5%
Issaquah (unincorporated) 3 11 -72.7% $750,000 $765,000 -2%
Snoqualmie 17 6 183.3% $700,000 $619,250 13%


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