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Seattle City Wire

Sunday, November 24, 2024

February 2021: Home prices in Seattle increased

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The median sale price of a home sold in February 2021 in Seattle rose by $89,500 while total sales increased by 65.1%, according to BlockShopper.com.

In February 2021, there were 312 homes sold, with a median sale price of $829,500 - a 12.1% increase over the $740,000 median sale price for the same period of the previous year. There were 189 homes sold in Seattle in February 2020.

The median sales tax in Seattle for the most recent year with available data, 2016, was $4,956, approximately 0.6% of the median home sale price for February 2021.

The following table compares Seattle to other King County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Duvall330%$960,000$574,50067.1%
Woodinville (unincorporated)48-50%$937,625$1,300,000-27.9%
Issaquah (unincorporated)61500%$922,500$440,000109.7%
Kirkland (unincorporated)14955.6%$895,500$671,50033.4%
Snoqualmie8633.3%$847,513.50$711,25019.2%
Seattle31218965.1%$829,500$740,00012.1%
Normandy Park5366.7%$800,000$450,00077.8%
Lake Forest Park46-33.3%$785,000$915,000-14.2%
Fall City (unincorporated)31200%$758,735.25$300,000152.9%
Vashon (unincorporated)8714.3%$757,500$500,00051.5%
Kenmore710-30%$740,000$697,5006.1%

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