Real Estate MarketReal Estate Stats December 16, 2019

New Formula for Real Estate Excise Tax

The Washington State legislature is changing the way real estate excise taxes are calculated. Currently the WA state rate is 1.28 percent, with most cities adding .50 percent for a total of 1.78 percent. The new formula will take effect Jan 1, 2020.

Real Estate Stats January 30, 2012

Year End Stats

2010-2011 report

There was an overall increase in sales in King County  in 2011 as compared to 2010. Sales were up 9% in King County, and up 23% in MLS area 600 which includes Woodinville, Duvall, some parts of Redmond & Kirkland. Median price was down 9% in King County, and down 6% in MLS area 600 in 2011 compared to 2010.