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Saturday, November 23, 2024

What happened to the median home price in Des Moines during November 2021?

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The median sale price of a home sold in November 2021 in Des Moines rose by $60,000 while total sales decreased by 26.1%, according to BlockShopper.com.

In November 2021, there were 17 homes sold, with a median sale price of $510,000 - a 13.3% increase over the $450,000 median sale price for the same period of the previous year. There were 23 homes sold in Des Moines in November 2020.

The median sales tax in Des Moines for the most recent year with available data, 2016, was $3,602, approximately 0.7% of the median home sale price for November 2021.

The following table compares Des Moines to other King County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Kent3215113.3%$565,000$540,0004.6%
Covington2311109.1%$555,000$475,00016.8%
Tukwila880%$550,000$395,50039.1%
North Bend (unincorporated)711-36.4%$550,000$610,000-9.8%
Seatac209122.2%$525,000$477,00010.1%
Des Moines1723-26.1%$510,000$450,00013.3%
Auburn402748.1%$506,000$470,0007.7%
Snoqualmie (unincorporated)20-$502,750$0-
Baring (unincorporated)40-$501,287.50$0-
Pacific3250%$500,000$365,00037%
South Federal Way (unincorporated)220%$495,000$518,966-4.6%

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