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Sunday, November 24, 2024

How did home prices perform in Des Moines during July 2021?

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The median sale price of a home sold in July 2021 in Des Moines fell by $11,000 while total sales decreased by 28%, according to BlockShopper.com.

In July 2021, there were 18 homes sold, with a median sale price of $500,000 - a 2.2% decrease over the $511,000 median sale price for the same period of the previous year. There were 25 homes sold in Des Moines in July 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 July 2021.

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

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Carnation61500%$552,500$258,000114.1%
Covington3816137.5%$530,000$395,00034.2%
Enumclaw271668.8%$520,000$427,47521.6%
Pacific17-85.7%$520,000$400,00030%
Tukwila910-10%$519,000$447,50016%
Seattle (unincorporated)2125-16%$500,000$450,00011.1%
Black Diamond56-16.7%$500,000$447,50011.7%
Des Moines1825-28%$500,000$511,000-2.2%
Seatac1321-38.1%$490,000$390,00025.6%
Algona60-$465,750$0-
Baring (unincorporated)21100%$298,125$313,000-4.8%

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