How did home prices perform in Normandy Park during the first half of 2022?

How did home prices perform in Normandy Park during the first half of 2022?
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The median sale price of a home sold in the first half of 2022 in Normandy Park rose by $120,000 while total sales increased by 42.9 percent, according to BlockShopper.com.

From January through June, there were 40 homes sold, with a median sale price of $1,037,500 – a 13.1 percent increase over the $917,500 median sale price for the same period of the previous year. There were 28 homes sold in Normandy Park in the first half of 2021.

The median sales tax in Normandy Park for the most recent year with available data, 2016, was $6,828, approximately 0.7 percent of the median home sale price for the first half of 2022.

The following table compares Normandy Park 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)
Fenton (unincorporated) 6 10 -40 $1,240,000 $1,697,500 -27
Snoqualmie 82 71 15.5 $1,215,000 $895,000 35.8
Bothell (unincorporated) 69 45 53.3 $1,150,000 $850,000 35.3
North Bend 34 14 142.9 $1,143,500 $795,000 43.8
Black Diamond (unincorporated) 10 4 150 $1,085,000 $1,260,000 -13.9
Normandy Park 40 28 42.9 $1,037,500 $917,500 13.1
Kenmore 88 68 29.4 $1,035,000 $871,250 18.8
Duvall 43 50 -14 $1,000,000 $850,000 17.6
Seattle 2,426 2,623 -7.5 $998,975 $885,000 12.9
North Bend (unincorporated) 67 53 26.4 $950,000 $742,500 27.9
Vashon (unincorporated) 46 55 -16.4 $855,000 $720,000 18.8


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