Washington real estate transfer tax
Washington's transfer tax is 1.28%, customarily seller-paid. Here's how it works, what it costs at common price points, and the statute behind it.
Washington's Real Estate Excise Tax (REET) is graduated by price: roughly 1.10% up to $525k, 1.28% from $525k to $1.525M, 2.75% from $1.525M to $3.025M, and 3.00% above $3.025M (state portion), plus a local REET of 0.25%–0.50%. The seller pays. Washington has no state income tax, but REET is a meaningful closing cost.
What it costs at common prices
| Sale price | State transfer tax |
|---|---|
| $200,000 | $2,560 |
| $400,000 | $5,120 |
| $600,000 | $7,680 |
| $800,000 | $10,240 |
State-level only; county and city taxes may add to these figures.
Look up your transfer tax
Estimated transfer tax
$2,800
Rate: 0.7% · Customarily seller-paid
- Who customarily pays
- seller
- Statute
- Fla. Stat. § 201.02
Florida levies documentary stamp tax on the deed at $0.70 per $100 of price (0.70%) in every county except Miami-Dade. Miami-Dade charges $0.60 per $100 (0.60%) plus a $0.45/$100 surtax on non-single-family transfers. By custom the seller pays the deed stamps; the buyer pays the separate doc-stamp + intangible tax on the mortgage.
Frequently asked questions
What is the real estate transfer tax in Washington?
Washington's transfer tax is 1.28% of the sale price, customarily seller-paid. Washington's Real Estate Excise Tax (REET) is graduated by price: roughly 1.10% up to $525k, 1.28% from $525k to $1.525M, 2.75% from $1.525M to $3.025M, and 3.00% above $3.025M (state portion), plus a local REET of 0.25%–0.50%. The seller pays. Washington has no state income tax, but REET is a meaningful closing cost.
Who pays the transfer tax in Washington?
In Washington the transfer tax is customarily seller-paid, though it's negotiable in the purchase contract.
How is Washington's transfer tax calculated?
Multiply the sale price by 1.28%. For example, on a $400,000 home that's about $5,120. Washington's Real Estate Excise Tax (REET) is graduated by price: roughly 1.10% up to $525k, 1.28% from $525k to $1.525M, 2.75% from $1.525M to $3.025M, and 3.00% above $3.025M (state portion), plus a local REET of 0.25%–0.50%. The seller pays. Washington has no state income tax, but REET is a meaningful closing cost.