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Wednesday, December 4, 2024

Burien home prices rose in Q2

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The median sale price of a home sold in the second quarter of 2022 in Burien rose by $116,000 while total sales increased by 16.2 percent, according to BlockShopper.com.

From April through June, there were 79 homes sold, with a median sale price of $725,000 - a 19 percent increase over the $609,000 median sale price for the same period of the previous year. There were 68 homes sold in Burien in the second quarter of 2021.

The median sales tax in Burien for the most recent year with available data, 2016, was $3,875, approximately 0.5 percent of the median home sale price for the second quarter of 2022.

The following table compares Burien to other King County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Enumclaw (unincorporated)2033-39.4$797,500$737,0008.2
Newcastle (unincorporated)5425$769,000$2,014,000-61.8
Renton139144-3.5$760,000$650,00016.9
Renton (unincorporated)2427-11.1$750,000$650,00015.4
Black Diamond13130$725,000$630,00015.1
Burien796816.2$725,000$609,00019
Kent (unincorporated)103114-9.6$723,000$575,00025.7
Carnation6520$695,750$820,000-15.2
Kent125142-12$675,000$564,25019.6
Tukwila2134-38.2$660,000$485,00036.1
Covington847315.1$660,000$550,00020

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