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Evergreen Reporter

Monday, November 25, 2024

How did home prices perform in North Bend (unincorporated) during the first half of 2020?

Realestate5

The median sale price of a home sold in the first half of 2020 in North Bend (unincorporated) fell by $45,000 while total sales decreased by 9.6%, according to BlockShopper.com.

From January through June of 2020, there were 47 homes sold, with a median sale price of $505,000 - a 8.2% decrease over the $550,000 median sale price for the same period of the previous year. There were 52 homes sold in North Bend (unincorporated) in the first half of 2019.

The median sales tax in North Bend (unincorporated) for the most recent year with available data, 2016, was $4,771, approximately 0.9% of the median home sale price for the first half of 2020.

The following table compares North Bend (unincorporated) 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)
East Renton Highlands (unincorporated)175220-20.5%$531,000$502,4505.7%
Renton143211-32.2%$528,500$480,00010.1%
Enumclaw (unincorporated)3244-27.3%$517,500$602,500-14.1%
Renton (unincorporated)2736-25%$515,000$456,50012.8%
Maple Valley152168-9.5%$512,500$455,00012.6%
North Bend (unincorporated)4752-9.6%$505,000$550,000-8.2%
Black Diamond1522-31.8%$505,000$410,00023.2%
Burien77108-28.7%$500,000$485,0003.1%
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%

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