Vashon (unincorporated) home prices rise in the first quarter of 2018

Vashon (unincorporated) home prices rise in the first quarter of 2018
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The median sale price of a home sold in the first quarter of 2018 in Vashon (unincorporated) rose by $45,000 while total sales decreased by 46.9%, according to BlockShopper.com.

From January through March of 2018, there were 17 homes sold, with a median sale price of $520,000 – a 9.5% increase over the $475,000 median sale price for the same period of the previous year. There were 32 homes sold in Vashon (unincorporated) in the first quarter of 2017.

The median sales tax in Vashon (unincorporated) for the most recent year with available data, 2016, was $4,897, approximately 0.9% of the median home sale price for the first quarter of 2018.

The following table compares Vashon (unincorporated) to other King County cities with similar median sales prices in the first quarter of 2018:

City Jan. – Mar. 2018 Home Sales Jan. – Mar. 2017 Home Sales % change (Total Home Sales) Jan. – Mar. 2018 Median Sales Price Jan. – Mar. 2017 Median Sales Price % change (Median Sales Price)
Duvall 16 24 -33.3% $649,500 $485,000 33.9%
North Bend 9 8 12.5% $625,000 $504,500 23.9%
Shoreline 74 126 -41.3% $610,000 $505,000 20.8%
Carnation 4 3 33.3% $576,500 $332,500 73.4%
Lea Hill (unincorporated) 11 13 -15.4% $525,000 $590,000 -11%
Vashon (unincorporated) 17 32 -46.9% $520,000 $475,000 9.5%
Renton (unincorporated) 13 33 -60.6% $500,000 $385,700 29.6%
Renton 71 132 -46.2% $480,000 $395,000 21.5%
East Renton Highlands (unincorporated) 89 155 -42.6% $469,000 $441,000 6.3%
Burien 48 83 -42.2% $456,250 $367,000 24.3%
North Bend (unincorporated) 23 23 0% $452,000 $490,500 -7.8%


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