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Monday, November 25, 2024

Maple Valley 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 Maple Valley rose by $47,025 while total sales increased by 4%, according to BlockShopper.com.

From January through March of 2020, there were 52 homes sold, with a median sale price of $497,000 - a 10.5% increase over the $449,975 median sale price for the same period of the previous year. There were 50 homes sold in Maple Valley in the first quarter of 2019.

The median sales tax in Maple Valley for the most recent year with available data, 2016, was $4,628, approximately 0.9% of the median home sale price for the first quarter of 2020.

The following table compares Maple Valley 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)
Enumclaw (unincorporated)1215-20%$578,125$570,0001.4%
Vashon (unincorporated)201181.8%$540,000$610,000-11.5%
Snoqualmie (unincorporated)25-60%$538,500$435,00023.8%
East Renton Highlands (unincorporated)6062-3.2%$526,000$487,5007.9%
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%

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