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Evergreen Reporter

Monday, December 23, 2024

Home prices decreased in Baring (unincorporated) during the fourth quarter of 2020

Re 12

The median sale price of a home sold in the fourth quarter of 2020 in Baring (unincorporated) fell by $106,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From October through December of 2020, there were two homes sold, with a median sale price of $345,500 - a 23.6% decrease over the $452,250 median sale price for the same period of the previous year. There were two homes sold in Baring (unincorporated) in the fourth quarter of 2019, as well.

The median sales tax in Baring (unincorporated) for the most recent year with available data, 2016, was $1,656, approximately 0.5% of the median home sale price for the fourth quarter of 2020.

The following table compares Baring (unincorporated) to other King County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Seatac362450%$450,000$396,00013.6%
Federal Way1171079.3%$450,000$419,0007.4%
White Center (unincorporated)271850%$450,000$398,25013%
Des Moines574526.7%$449,950$423,2156.3%
Auburn (unincorporated)473056.7%$445,000$391,916.5013.5%
South Federal Way (unincorporated)1112-8.3%$438,500$372,50017.7%
Enumclaw412378.3%$431,000$365,00018.1%
Pacific7616.7%$410,000$332,47523.3%
Algona63100%$400,000$349,95014.3%
Baring (unincorporated)220%$345,500$452,250-23.6%
Milton14-75%$270,000$420,000-35.7%

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