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Sunday, November 24, 2024

Seatac median home prices rose by 3.8% in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Seatac rose by $15,500 while total sales decreased by 12.1%, according to BlockShopper.com.

From April through June of 2020, there were 29 homes sold, with a median sale price of $420,000 - a 3.8% increase over the $404,500 median sale price for the same period of the previous year. There were 33 homes sold in Seatac in the second quarter of 2019.

The median sales tax in Seatac for the most recent year with available data, 2016, was $3,091, approximately 0.7% of the median home sale price for the second quarter of 2020.

The following table compares Seatac 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)
Tukwila1821-14.3%$444,500$390,00014%
Federal Way141180-21.7%$444,000$411,0008%
Auburn (unincorporated)443912.8%$425,500$410,0003.8%
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%

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