Seattle (unincorporated) home prices rise in the first quarter of 2018

Seattle (unincorporated) home prices rise in the first quarter of 2018
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The median sale price of a home sold in the first quarter of 2018 in Seattle (unincorporated) rose by $60,500 while total sales decreased by 47.7%, according to BlockShopper.com.

From January through March of 2018, there were 46 homes sold, with a median sale price of $410,000 – a 17.3% increase over the $349,500 median sale price for the same period of the previous year. There were 88 homes sold in Seattle (unincorporated) in the first quarter of 2017.

The median sales tax in Seattle (unincorporated) for the most recent year with available data, 2016, was $3,247, approximately 0.8% of the median home sale price for the first quarter of 2018.

The following table compares Seattle (unincorporated) to other King County cities with similar median sales prices in the first quarter of 2018:

City Jan. – Mar. 2018 Home Sales Jan. – Mar. 2017 Home Sales % change (Total Home Sales) Jan. – Mar. 2018 Median Sales Price Jan. – Mar. 2017 Median Sales Price % change (Median Sales Price)
North Bend (unincorporated) 23 23 0% $452,000 $490,500 -7.8%
Maple Valley 74 143 -48.3% $450,000 $382,500 17.6%
Enumclaw (unincorporated) 22 18 22.2% $440,000 $484,000 -9.1%
Baring (unincorporated) 1 3 -66.7% $430,000 $300,000 43.3%
Kent (unincorporated) 60 120 -50% $422,000 $350,000 20.6%
Seattle (unincorporated) 46 88 -47.7% $410,000 $349,500 17.3%
Kent 101 157 -35.7% $400,000 $340,000 17.6%
Des Moines 43 73 -41.1% $393,000 $325,000 20.9%
Black Diamond 15 10 50% $390,000 $349,000 11.7%
White Center (unincorporated) 19 26 -26.9% $390,000 $318,000 22.6%
Seatac 25 47 -46.8% $385,000 $315,000 22.2%


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