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Evergreen Reporter

Wednesday, December 4, 2024

Pacific home prices rise in March 2020

Re 9

The median sale price of a home sold in March 2020 in Pacific rose by $158,025 while total sales decreased by 50%, according to BlockShopper.com.

In March 2020, there were two homes sold, with a median sale price of $419,225 - a 60.5% increase over the $261,200 median sale price for the same period of the previous year. There were four homes sold in Pacific in March 2019.

The median sales tax in Pacific for the most recent year with available data, 2016, was $2,852, approximately 0.7% of the median home sale price for March 2020.

The following table compares Pacific to other King County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Auburn (unincorporated)516-68.8%$448,000$352,75027%
White Center (unincorporated)84100%$445,000$368,50020.8%
Des Moines1419-26.3%$445,000$325,00036.9%
Kent2543-41.9%$440,000$395,00011.4%
Federal Way1744-61.4%$425,000$391,5008.6%
Pacific24-50%$419,225$261,20060.5%
Enumclaw62200%$406,000$356,50013.9%
Covington910-10%$401,000$394,7501.6%
Black Diamond330%$400,000$400,0000%
Auburn2126-19.2%$399,000$380,0005%
Carnation21100%$347,500$425,000-18.2%

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