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Evergreen Reporter

Monday, November 25, 2024

The first half of 2020: Home prices in Des Moines increased

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The median sale price of a home sold in the first half of 2020 in Des Moines rose by $52,000 while total sales decreased by 25.7%, according to BlockShopper.com.

From January through June of 2020, there were 84 homes sold, with a median sale price of $447,000 - a 13.2% increase over the $395,000 median sale price for the same period of the previous year. There were 113 homes sold in Des Moines in the first half of 2019.

The median sales tax in Des Moines for the most recent year with available data, 2016, was $3,602, approximately 0.8% of the median home sale price for the first half of 2020.

The following table compares Des Moines to other King County cities with similar median sale prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
White Center (unincorporated)443622.2%$498,749.50$425,00017.4%
Seattle (unincorporated)9699-3%$470,755$440,0007%
Kent (unincorporated)14212810.9%$462,749.50$432,5007%
Kent132217-39.2%$452,500$415,0009%
Milton34-25%$450,000$464,500-3.1%
Des Moines84113-25.7%$447,000$395,00013.2%
Tukwila2835-20%$443,750$390,00013.8%
Covington78118-33.9%$441,250$410,0007.6%
Federal Way214273-21.6%$432,750$400,0008.2%
Seatac4952-5.8%$430,000$403,7506.5%
Auburn (unincorporated)6065-7.7%$425,500$400,0006.4%

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