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Friday, November 22, 2024

What happened to the median home price in Vashon (unincorporated) during May?

Re 14

The median sale price of a home sold in May in Vashon (unincorporated) rose by $22,500 while total sales decreased by 41.7 percent, according to BlockShopper.com.

In May, there were seven homes sold, with a median sale price of $800,000 - a 2.9 percent increase over the $777,500 median sale price for the same period of the previous year. There were 12 homes sold in Vashon (unincorporated) in May 2021.

The median sales tax in Vashon (unincorporated) for the most recent year with available data, 2016, was $4,897, approximately 0.6 percent of the median home sale price for May.

The following table compares Vashon (unincorporated) to other King County cities with similar median sale prices in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Seattle380480-20.8$1,007,501$943,0006.8
Ravensdale (unincorporated)56-16.7$925,000$869,0006.4
Shoreline3965-40$875,000$825,0006.1
Carnation23-33.3$854,800$925,000-7.6
Maple Valley43430$825,000$630,00031
Vashon (unincorporated)712-41.7$800,000$777,5002.9
Renton3649-26.5$776,250$642,00020.9
Tukwila211-81.8$775,000$495,00056.6
Pacific440$758,000$433,50074.9
East Renton Highlands (unincorporated)4462-29$742,500$662,50012.1
Des Moines1522-31.8$725,000$585,00023.9

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