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Monday, September 23, 2024

Burien home prices rise in the second half of 2019

Realestate077

The median sale price of a home sold in the second half of 2019 in Burien rose by $68,000 while total sales decreased by 9.2%, according to BlockShopper.com.

From July through December of 2019, there were 79 homes sold, with a median sale price of $506,000 - a 15.5% increase over the $438,000 median sale price for the same period of the previous year. There were 87 homes sold in Burien in the second half of 2018.

The median sales tax in Burien for the most recent year with available data, 2016, was $3,875, approximately 0.8% of the median home sale price for the second half of 2019.

The following table compares Burien 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)
Shoreline1871747.5%$610,000$621,000-1.8%
Ravensdale (unincorporated)13130%$579,950$569,0001.9%
Lea Hill (unincorporated)1321-38.1%$575,000$610,000-5.7%
Newcastle (unincorporated)6450%$575,000$486,75018.1%
Enumclaw (unincorporated)3844-13.6%$545,000$529,9752.8%
Burien7987-9.2%$506,000$438,00015.5%
North Bend (unincorporated)4656-17.9%$500,000$552,500-9.5%
Renton (unincorporated)433138.7%$500,000$479,9504.2%
East Renton Highlands (unincorporated)192237-19%$499,500$477,5004.6%
Maple Valley121158-23.4%$485,000$451,5007.4%
Renton159187-15%$485,000$485,0000%

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