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Evergreen Reporter

Wednesday, November 13, 2024

Vashon (unincorporated) home prices fall in the fourth quarter of 2019

Realestate1

The median sale price of a home sold in the fourth quarter of 2019 in Vashon (unincorporated) fell by $164,250 while total sales increased by 81.3%, according to BlockShopper.com.

From October through December of 2019, there were 29 homes sold, with a median sale price of $590,000 - a 21.8% decrease over the $754,250 median sale price for the same period of the previous year. There were 16 homes sold in Vashon (unincorporated) in the fourth quarter of 2018.

The median sales tax in Vashon (unincorporated) for the most recent year with available data, 2016, was $4,897, approximately 0.8% of the median home sale price for the fourth quarter of 2019.

The following table compares Vashon (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)
North Bend710-30%$675,000$572,10018%
Kenmore3342-21.4%$639,000$635,0000.6%
Snoqualmie1627-40.7%$635,000$664,600-4.5%
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%

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