North Bend home prices fall in February 2017

North Bend home prices fall in February 2017
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The median sale price of a home sold in February 2017 in North Bend fell by $246,000 while total sales increased by 50%, according to BlockShopper.com.

In February 2017, there were three homes sold, with a median sale price of $220,000 – a 52.8% decrease over the $466,000 median sale price for the same period of the previous year. There were two homes sold in North Bend in February 2016.

The median sales tax in North Bend for the most recent year with available data, 2016, was $4,825, approximately 2.2% of the median home sale price for February 2017.

The following table compares North Bend to other King County cities with similar median sales prices in February 2017:

City Feb. 2017 Home Sales Feb. 2016 Home Sales % change (Total Home Sales) Feb. 2017 Median Sales Price Feb. 2016 Median Sales Price % change (Median Sales Price)
Kent 45 44 2.3% $334,750 $321,000 4.3%
Covington 26 16 62.5% $334,000 $295,950 12.9%
Auburn 46 49 -6.1% $323,000 $303,450 6.4%
Auburn (unincorporated) 15 13 15.4% $320,000 $280,000 14.3%
Seatac 11 13 -15.4% $315,000 $266,000 18.4%
Pacific 2 6 -66.7% $288,000 $239,500 20.3%
Enumclaw 8 8 0% $283,000 $292,000 -3.1%
White Center (unincorporated) 7 12 -41.7% $250,000 $271,975 -8.1%
North Bend 3 2 50% $220,000 $466,000 -52.8%
Lea Hill (unincorporated) 2 6 -66.7% $219,000 $357,500 -38.7%
Algona 2 1 100% $209,000 $150,000 39.3%


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