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Friday, March 14, 2025

Milton home prices fall in the first quarter of 2018

Webp re 9

The median sale price of a home sold in the first quarter of 2018 in Milton fell by $22,500 while total sales decreased by 33.3%, according to BlockShopper.com.

From January through March of 2018, there were two homes sold, with a median sale price of $327,500 - a 6.4% decrease over the $350,000 median sale price for the same period of the previous year. There were three homes sold in Milton in the first quarter of 2017.

The median sales tax in Milton for the most recent year with available data, 2016, was $3,006, approximately 0.9% of the median home sale price for the first quarter of 2018.

The following table compares Milton to other King County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Auburn (unincorporated)4350-14%$374,000$316,80018.1%
Federal Way103205-49.8%$362,000$340,0006.5%
South Federal Way (unincorporated)818-55.6%$355,000$320,75010.7%
Auburn72152-52.6%$354,525$308,50014.9%
Covington3973-46.6%$335,000$325,0003.1%
Milton23-33.3%$327,500$350,000-6.4%
Pacific78-12.5%$315,000$257,00022.6%
Tukwila1532-53.1%$313,000$332,000-5.7%
Enumclaw2036-44.4%$310,000$293,0005.8%
Skykomish (unincorporated)30-$250,000$0-
Algona59-44.4%$225,000$260,000-13.5%

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