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South King News

Sunday, November 24, 2024

Home prices decreased in Black Diamond during October 2020

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The median sale price of a home sold in October 2020 in Black Diamond fell by $75,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In October 2020, there were five homes sold, with a median sale price of $375,000 - a 16.7% decrease over the $450,000 median sale price for the same period of the previous year. There were seven homes sold in Black Diamond in October 2019.

The median sales tax in Black Diamond for the most recent year with available data, 2016, was $3,492, approximately 0.9% of the median home sale price for October 2020.

The following table compares Black Diamond to other King County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Pacific330%$466,500$345,00035.2%
Snoqualmie (unincorporated)220%$455,000$1,027,625-55.7%
Auburn373215.6%$453,000$391,50015.7%
Federal Way514513.3%$440,000$407,0008.1%
Des Moines181338.5%$433,750$450,000-3.6%
Enumclaw2311109.1%$431,000$365,00018.1%
South Federal Way (unincorporated)56-16.7%$431,000$393,2259.6%
Seatac12119.1%$419,750$370,00013.4%
Black Diamond57-28.6%$375,000$450,000-16.7%
Algona110%$344,300$349,950-1.6%
Milton12-50%$270,000$407,500-33.7%

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