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Evergreen Reporter

Thursday, November 14, 2024

Seattle (unincorporated) home prices rise in the fourth quarter of 2019

Realestate077

The median sale price of a home sold in the fourth quarter of 2019 in Seattle (unincorporated) rose by $29,000 while total sales increased by 26.2%, according to BlockShopper.com.

From October through December of 2019, there were 53 homes sold, with a median sale price of $425,000 - a 7.3% increase over the $396,000 median sale price for the same period of the previous year. There were 42 homes sold in Seattle (unincorporated) in the fourth quarter of 2018.

The median sales tax in Seattle (unincorporated) for the most recent year with available data, 2016, was $3,247, approximately 0.8% of the median home sale price for the fourth quarter of 2019.

The following table compares Seattle (unincorporated) to other King County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Kent (unincorporated)724463.6%$462,875$406,50013.9%
Baring (unincorporated)220%$452,250$147,500206.6%
Black Diamond13130%$450,000$350,00028.6%
Carnation46-33.3%$446,500$516,500-13.6%
Kent7784-8.3%$432,000$388,72511.1%
Seattle (unincorporated)534226.2%$425,000$396,0007.3%
Des Moines4547-4.3%$423,215$413,0002.5%
Tukwila1215-20%$421,000$369,00014.1%
Milton4333.3%$420,000$400,0005%
Federal Way107143-25.2%$419,000$377,00011.1%
Covington2757-52.6%$413,500$380,0008.8%

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