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Friday, November 15, 2024

October 2020: Home prices in Seatac increased

Re 12

The median sale price of a home sold in October 2020 in Seatac rose by $49,750 while total sales increased by 9.1%, according to BlockShopper.com.

In October 2020, there were 12 homes sold, with a median sale price of $419,750 - a 13.4% increase over the $370,000 median sale price for the same period of the previous year. There were 11 homes sold in Seatac in October 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 October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Pacific330%$466,500$345,00035.2%
Snoqualmie (unincorporated)220%$455,000$1,027,625-55.7%
Auburn373215.6%$453,000$391,50015.7%
Federal Way514513.3%$440,000$407,0008.1%
Des Moines181338.5%$433,750$450,000-3.6%
Enumclaw2311109.1%$431,000$365,00018.1%
South Federal Way (unincorporated)56-16.7%$431,000$393,2259.6%
Seatac12119.1%$419,750$370,00013.4%
Black Diamond57-28.6%$375,000$450,000-16.7%
Algona110%$344,300$349,950-1.6%
Milton12-50%$270,000$407,500-33.7%

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