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Sunday, November 24, 2024

How did home prices perform in Renton (unincorporated) during May?

Re 8

The median sale price of a home sold in May in Renton (unincorporated) rose by $59,500 while total sales increased by 50 percent, according to BlockShopper.com.

In May, there were nine homes sold, with a median sale price of $662,000 - a 9.9 percent increase over the $602,500 median sale price for the same period of the previous year. There were six homes sold in Renton (unincorporated) in May 2021.

The median sales tax in Renton (unincorporated) for the most recent year with available data, 2016, was $4,630, approximately 0.7 percent of the median home sale price for May.

The following table compares Renton (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)
Kent4145-8.9$700,000$563,50024.2
Covington251931.6$697,000$575,00021.2
Black Diamond35-40$689,000$700,000-1.6
White Center (unincorporated)11110$675,000$570,00018.4
Auburn (unincorporated)11110$673,700$585,00015.2
Renton (unincorporated)9650$662,000$602,5009.9
Enumclaw141216.7$637,500$446,00042.9
Seattle (unincorporated)26260$615,500$520,00018.4
Auburn3137-16.2$615,000$510,00020.6
Federal Way4460-26.7$600,000$555,0008.1
South Federal Way (unincorporated)6450$591,000$462,50027.8

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