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Friday, November 8, 2024

What happened to the median home price in Pacific during November 2020?

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The median sale price of a home sold in November 2020 in Pacific rose by $45,050 while total sales decreased by 33.3%, according to BlockShopper.com.

In November 2020, there were two homes sold, with a median sale price of $365,000 - a 14.1% increase over the $319,950 median sale price for the same period of the previous year. There were three homes sold in Pacific in November 2019.

The median sales tax in Pacific for the most recent year with available data, 2016, was $2,852, approximately 0.8% of the median home sale price for November 2020.

The following table compares Pacific to other King County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Covington11837.5%$475,000$441,5007.6%
Seattle (unincorporated)920-55%$470,000$423,90010.9%
Auburn2729-6.9%$470,000$370,00027%
Enumclaw67-14.3%$456,950$355,00028.7%
Des Moines23219.5%$450,000$420,0007.1%
Federal Way2442-42.9%$446,750$419,5006.5%
White Center (unincorporated)5425%$425,000$394,9507.6%
Renton (unincorporated)310-70%$419,995$523,975-19.8%
Tukwila82300%$395,500$450,000-12.1%
Pacific23-33.3%$365,000$319,95014.1%
Algona21100%$319,220.50$360,000-11.3%

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