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Friday, November 15, 2024

Seattle (unincorporated) home prices rise in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Seattle (unincorporated) rose by $24,000 while total sales increased by 11.5%, according to BlockShopper.com.

From July through December of 2019, there were 107 homes sold, with a median sale price of $430,000 - a 5.9% increase over the $406,000 median sale price for the same period of the previous year. There were 96 homes sold in Seattle (unincorporated) in the second half 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 second half of 2019.

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

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Kent (unincorporated)13011315%$455,497.50$427,8506.5%
Carnation9812.5%$450,000$552,250-18.5%
Black Diamond2025-20%$437,497.50$350,00025%
Kent166182-8.8%$430,000$397,5258.2%
Tukwila2945-35.6%$430,000$395,0008.9%
Seattle (unincorporated)1079611.5%$430,000$406,0005.9%
Milton46-33.3%$420,000$337,50024.4%
Covington74108-31.5%$415,500$362,50014.6%
Federal Way237295-19.7%$410,500$379,0008.3%
Des Moines8991-2.2%$410,000$420,000-2.4%
Seatac4859-18.6%$403,000$392,0002.8%

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