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Tuesday, November 26, 2024

Tukwila 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 Tukwila rose by $53,750 while total sales decreased by 28.6%, according to BlockShopper.com.

From January through March of 2020, there were 10 homes sold, with a median sale price of $441,250 - a 13.9% increase over the $387,500 median sale price for the same period of the previous year. There were 14 homes sold in Tukwila in the first quarter of 2019.

The median sales tax in Tukwila for the most recent year with available data, 2016, was $2,956, approximately 0.7% of the median home sale price for the first quarter of 2020.

The following table compares Tukwila 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)
Seattle (unincorporated)352920.7%$459,000$418,0009.8%
Des Moines3438-10.5%$451,000$388,50016.1%
Kent (unincorporated)534810.4%$450,000$416,3558.1%
Milton110%$450,000$380,70018.2%
Kent5579-30.4%$449,500$395,00013.8%
Tukwila1014-28.6%$441,250$387,50013.9%
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%

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