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South King News

Tuesday, November 26, 2024

Des Moines home prices rise in March 2020

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The median sale price of a home sold in March 2020 in Des Moines rose by $120,000 while total sales decreased by 26.3%, according to BlockShopper.com.

In March 2020, there were 14 homes sold, with a median sale price of $445,000 - a 36.9% increase over the $325,000 median sale price for the same period of the previous year. There were 19 homes sold in Des Moines in March 2019.

The median sales tax in Des Moines for the most recent year with available data, 2016, was $3,602, approximately 0.8% of the median home sale price for March 2020.

The following table compares Des Moines 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)
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%
Des Moines1419-26.3%$445,000$325,00036.9%
Kent2543-41.9%$440,000$395,00011.4%
Federal Way1744-61.4%$425,000$391,5008.6%
Pacific24-50%$419,225$261,20060.5%
Enumclaw62200%$406,000$356,50013.9%
Covington910-10%$401,000$394,7501.6%

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