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Tuesday, November 26, 2024

Auburn home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Auburn rose by $27,025 while total sales decreased by 20%, according to BlockShopper.com.

From January through March of 2020, there were 56 homes sold, with a median sale price of $399,500 - a 7.3% increase over the $372,475 median sale price for the same period of the previous year. There were 70 homes sold in Auburn in the first quarter of 2019.

The median sales tax in Auburn for the most recent year with available data, 2016, was $3,743, approximately 0.9% of the median home sale price for the first quarter of 2020.

The following table compares Auburn to other King County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Burien292611.5%$440,000$444,975-1.1%
White Center (unincorporated)221369.2%$427,515$407,0005%
Federal Way7393-21.5%$425,000$385,00010.4%
Auburn (unincorporated)1626-38.5%$424,000$371,50014.1%
South Federal Way (unincorporated)113266.7%$415,000$375,00010.7%
Covington2742-35.7%$412,000$385,0007%
North Bend (unincorporated)131118.2%$410,000$476,000-13.9%
Black Diamond550%$400,000$400,0000%
Auburn5670-20%$399,500$372,4757.3%
Enumclaw198137.5%$380,000$368,247.503.2%
Algona62200%$376,500$343,0009.8%

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