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Monday, September 23, 2024

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

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The median sale price of a home sold in the fourth quarter of 2019 in Renton (unincorporated) rose by $83,975 while total sales increased by 20%, according to BlockShopper.com.

From October through December of 2019, there were 18 homes sold, with a median sale price of $523,975 - a 19.1% increase over the $440,000 median sale price for the same period of the previous year. There were 15 homes sold in Renton (unincorporated) in the fourth quarter of 2018.

The median sales tax in Renton (unincorporated) for the most recent year with available data, 2016, was $4,630, approximately 0.9% of the median home sale price for the fourth quarter of 2019.

The following table compares Renton (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)
Ravensdale (unincorporated)880%$625,000$552,50013.1%
Newcastle (unincorporated)31200%$592,025$560,0005.7%
Vashon (unincorporated)291681.3%$590,000$754,250-21.8%
Lea Hill (unincorporated)7540%$575,000$700,000-17.9%
Shoreline87843.6%$565,000$619,200-8.8%
Renton (unincorporated)181520%$523,975$440,00019.1%
Renton88880%$517,500$462,47511.9%
Burien4245-6.7%$510,000.50$425,00020%
North Bend (unincorporated)2028-28.6%$505,000$521,150-3.1%
East Renton Highlands (unincorporated)89100-11%$490,000$475,0003.2%
Fall City (unincorporated)25-60%$485,539.66$664,000-26.9%

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