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Sunday, November 24, 2024

How did home prices perform in Black Diamond during the second quarter of 2020?

Realestate3

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Adobe Stock

The median sale price of a home sold in the second quarter of 2020 in Black Diamond rose by $87,500 while total sales decreased by 41.2%, according to BlockShopper.com.

From April through June of 2020, there were 10 homes sold, with a median sale price of $507,500 - a 20.8% increase over the $420,000 median sale price for the same period of the previous year. There were 17 homes sold in Black Diamond in the second quarter of 2019.

The median sales tax in Black Diamond for the most recent year with available data, 2016, was $3,492, approximately 0.7% of the median home sale price for the second quarter of 2020.

The following table compares Black Diamond 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)
Renton88135-34.8%$530,000$485,0009.3%
Burien4882-41.5%$529,005$499,5005.9%
Maple Valley100118-15.3%$525,000$460,95013.9%
White Center (unincorporated)2223-4.3%$517,475$425,00021.8%
North Bend (unincorporated)3441-17.1%$514,800$559,995-8.1%
Black Diamond1017-41.2%$507,500$420,00020.8%
Enumclaw (unincorporated)2029-31%$499,450$647,000-22.8%
Kent (unincorporated)898011.3%$475,000$456,2504.1%
Seattle (unincorporated)6170-12.9%$471,510$451,5004.4%
Kent77138-44.2%$455,000$424,0007.3%
Covington5176-32.9%$453,100$428,4755.7%

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