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South King News

Monday, November 25, 2024

Renton home prices fall in March 2020

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The median sale price of a home sold in March 2020 in Renton fell by $7,700 while total sales decreased by 37.5%, according to BlockShopper.com.

In March 2020, there were 20 homes sold, with a median sale price of $462,800 - a 1.6% decrease over the $470,500 median sale price for the same period of the previous year. There were 32 homes sold in Renton in March 2019.

The median sales tax in Renton for the most recent year with available data, 2016, was $4,150, approximately 0.9% of the median home sale price for March 2020.

The following table compares Renton to other King County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Snoqualmie (unincorporated)12-50%$522,000$500,0004.4%
Maple Valley2126-19.2%$485,000$477,5001.6%
Duvall220%$480,645.75$577,500-16.8%
Renton (unincorporated)6520%$480,500$439,0009.5%
South Federal Way (unincorporated)61500%$466,004.50$387,40020.3%
Renton2032-37.5%$462,800$470,500-1.6%
Kent (unincorporated)2028-28.6%$456,000$405,00012.6%
Seattle (unincorporated)11757.1%$455,000$423,0007.6%
Tukwila26-66.7%$452,500$387,50016.8%
Auburn (unincorporated)516-68.8%$448,000$352,75027%
White Center (unincorporated)84100%$445,000$368,50020.8%

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