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Monday, November 25, 2024

Burien home prices rise in the third quarter of 2019

Realestate2

The median sale price of a home sold in the third quarter of 2019 in Burien rose by $22,500 while total sales decreased by 11.9%, according to BlockShopper.com.

From July through September of 2019, there were 37 homes sold, with a median sale price of $497,500 - a 4.7% increase over the $475,000 median sale price for the same period of the previous year. There were 42 homes sold in Burien in the third quarter of 2018.

The median sales tax in Burien for the most recent year with available data, 2016, was $3,875, approximately 0.8% of the median home sale price for the third quarter of 2019.

The following table compares Burien to other King County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Carnation52150%$535,000$595,750-10.2%
Snoqualmie (unincorporated)23-33.3%$532,250$690,000-22.9%
Newcastle (unincorporated)330%$528,500$413,50027.8%
Ravensdale (unincorporated)550%$519,950$569,000-8.6%
East Renton Highlands (unincorporated)103137-24.8%$500,000$482,5003.6%
Burien3742-11.9%$497,500$475,0004.7%
Renton (unincorporated)251656.3%$495,000$514,975-3.9%
Maple Valley6181-24.7%$494,000$450,0009.8%
North Bend (unincorporated)2628-7.1%$492,000$602,750-18.4%
Renton7199-28.3%$465,000$490,000-5.1%
Kent (unincorporated)5869-15.9%$440,000$435,0001.1%

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