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Tuesday, November 26, 2024

Seattle (unincorporated) 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 Seattle (unincorporated) rose by $41,000 while total sales increased by 20.7%, according to BlockShopper.com.

From January through March of 2020, there were 35 homes sold, with a median sale price of $459,000 - a 9.8% increase over the $418,000 median sale price for the same period of the previous year. There were 29 homes sold in Seattle (unincorporated) in the first quarter of 2019.

The median sales tax in Seattle (unincorporated) for the most recent year with available data, 2016, was $3,247, approximately 0.7% of the median home sale price for the first quarter of 2020.

The following table compares Seattle (unincorporated) 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)
Pacific310-70%$503,450$307,42563.8%
Maple Valley52504%$497,000$449,97510.5%
Renton (unincorporated)15966.7%$490,000$439,00011.6%
Seatac20195.3%$477,500$390,00022.4%
Renton5576-27.6%$475,000$480,000-1%
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%

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