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Evergreen Reporter

Monday, November 25, 2024

Home prices decreased in Ravensdale (unincorporated) during the second quarter of 2020

Realestate1

The median sale price of a home sold in the second quarter of 2020 in Ravensdale (unincorporated) fell by $158,975 while total sales decreased by 75%, according to BlockShopper.com.

From April through June of 2020, there were two homes sold, with a median sale price of $404,000 - a 28.2% decrease over the $562,975 median sale price for the same period of the previous year. There were eight homes sold in Ravensdale (unincorporated) in the second quarter of 2019.

The median sales tax in Ravensdale (unincorporated) for the most recent year with available data, 2016, was $4,939, approximately 1.2% of the median home sale price for the second quarter of 2020.

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

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Auburn92137-32.8%$425,000$399,9506.3%
Des Moines5075-33.3%$425,000$403,0005.5%
Seatac2933-12.1%$420,000$404,5003.8%
South Federal Way (unincorporated)151225%$410,000$391,5004.7%
Enumclaw3336-8.3%$405,000$361,50012%
Ravensdale (unincorporated)28-75%$404,000$562,975-28.2%
Algona770%$370,000$375,000-1.3%
Pacific1011-9.1%$335,650$380,000-11.7%
Milton23-33.3%$334,000$479,000-30.3%
Skykomish (unincorporated)13-66.7%$321,500$205,00056.8%
Baring (unincorporated)110%$221,000$250,000-11.6%

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