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Thursday, November 21, 2024

What happened to the median home price in Auburn during Q2?

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The median sale price of a home sold in the second quarter of 2022 in Auburn rose by $110,000 while total sales decreased by 11.6 percent, according to BlockShopper.com.

From April through June, there were 122 homes sold, with a median sale price of $620,000 - a 21.6 percent increase over the $510,000 median sale price for the same period of the previous year. There were 138 homes sold in Auburn in the second quarter of 2021.

The median sales tax in Auburn for the most recent year with available data, 2016, was $3,743, approximately 0.6 percent of the median home sale price for the second quarter of 2022.

The following table compares Auburn 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)
Kent125142-12$675,000$564,25019.6
Tukwila2134-38.2$660,000$485,00036.1
Covington847315.1$660,000$550,00020
Auburn (unincorporated)4860-20$655,000$540,00021.3
White Center (unincorporated)39368.3$629,950$575,0009.6
Auburn122138-11.6$620,000$510,00021.6
Federal Way195210-7.1$620,000$550,00012.7
Des Moines5968-13.2$600,000$548,5009.4
Seattle (unincorporated)7276-5.3$599,500$536,50011.7
Milton45-20$582,750$570,0002.2
Pacific161323.1$582,500$425,00037.1

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