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South King News

Monday, November 25, 2024

Des Moines home prices fall in September 2019

Realestate5

The median sale price of a home sold in September 2019 in Des Moines fell by $17,000 while total sales decreased by 35.7%, according to BlockShopper.com.

In September 2019, there were nine homes sold, with a median sale price of $392,000 - a 4.2% decrease over the $409,000 median sale price for the same period of the previous year. There were 14 homes sold in Des Moines in September 2018.

The median sales tax in Des Moines for the most recent year with available data, 2016, was $3,602, approximately 0.9% of the median home sale price for September 2019.

The following table compares Des Moines to other King County cities with similar median sales prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Covington1517-11.8%$420,000$335,00025.4%
Auburn1845-60%$417,125$365,00014.3%
Seattle (unincorporated)1023-56.5%$414,750$380,0009.1%
South Federal Way (unincorporated)51400%$403,000$314,95028%
Kent2534-26.5%$395,000$421,975-6.4%
Des Moines914-35.7%$392,000$409,000-4.2%
Ravensdale (unincorporated)23-33.3%$370,200$639,950-42.2%
Auburn (unincorporated)917-47.1%$355,950$355,4500.1%
Pacific440%$335,000$320,0004.7%
Enumclaw313-76.9%$305,000$350,100-12.9%
Algona13-66.7%$270,000$299,999-10%

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