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Saturday, March 15, 2025

Covington home prices fall in November 2018

Webp re 9

The median sale price of a home sold in November 2018 in Covington fell by $29,000 while total sales increased by 23.1%, according to BlockShopper.com.

In November 2018, there were 16 homes sold, with a median sale price of $345,000 - a 7.8% decrease over the $374,000 median sale price for the same period of the previous year. There were 13 homes sold in Covington in November 2017.

The median sales tax in Covington for the most recent year with available data, 2016, was $3,599, approximately 1% of the median home sale price for November 2018.

The following table compares Covington to other King County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Federal Way363212.5%$387,500$350,00010.7%
Burien1213-7.7%$387,475$389,000-0.4%
Kent2122-4.5%$375,000$355,7505.4%
Milton21100%$373,500$389,900-4.2%
Renton (unincorporated)48-50%$367,475$370,000-0.7%
Covington161323.1%$345,000$374,000-7.8%
Seatac810-20%$340,500$398,500-14.6%
Enumclaw880%$336,000$305,10010.1%
Auburn (unincorporated)12771.4%$335,849.50$385,000-12.8%
South Federal Way (unincorporated)21100%$332,500$413,000-19.5%
Tukwila57-28.6%$312,700$315,000-0.7%

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