The median sale price of a home sold in the first half of 2022 in Bellevue rose by $350,000 while total sales decreased by 13 percent, according to BlockShopper.com.
From January through June, there were 369 homes sold, with a median sale price of $1,800,000 - a 24.1 percent increase over the $1,450,000 median sale price for the same period of the previous year. There were 424 homes sold in Bellevue in the first half of 2021.
The median sales tax in Bellevue for the most recent year with available data, 2016, was $5,881, approximately 0.3 percent of the median home sale price for the first half of 2022.
The following table compares Bellevue to other King County cities with similar median sale prices in the first half of 2022:
| City | January - June 2022 Home Sales | January - June 2021 Home Sales | % change (Total Home Sales) | January - June 2022 Median Sales Price | January - June 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sammamish (unincorporated) | 6 | 6 | 0 | $3,587,500 | $1,922,500 | 86.6 |
| Medina | 18 | 15 | 20 | $3,500,000 | $3,595,950 | -2.7 |
| Mercer Island | 79 | 102 | -22.5 | $2,622,914 | $1,975,000 | 32.8 |
| Duvall (unincorporated) | 71 | 53 | 34 | $2,000,000 | $1,475,000 | 35.6 |
| Kirkland | 171 | 218 | -21.6 | $1,999,000 | $1,422,500 | 40.5 |
| Bellevue | 369 | 424 | -13 | $1,800,000 | $1,450,000 | 24.1 |
| Sammamish | 277 | 332 | -16.6 | $1,785,000 | $1,383,500 | 29 |
| Beaux Arts Village | 1 | 4 | -75 | $1,775,000 | $2,480,000 | -28.4 |
| Newcastle | 49 | 54 | -9.3 | $1,720,000 | $1,285,000 | 33.9 |
| Redmond | 131 | 159 | -17.6 | $1,600,000 | $1,251,000 | 27.9 |
| Redmond (unincorporated) | 125 | 147 | -15 | $1,580,000 | $1,240,000 | 27.4 |
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