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Friday, November 8, 2024

What happened to the median home price in Seattle (unincorporated) during July 2020?

Realestate3

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Adobe Stock

The median sale price of a home sold in July 2020 in Seattle (unincorporated) was unchanged while total sales increased by 47.1%, according to BlockShopper.com.

In July 2020, there were 25 homes sold, with a median sale price of $450,000. There were 17 homes sold in Seattle (unincorporated) in July 2019, and the median sales price for the period was also $450,000.

The median sales tax in Seattle (unincorporated) for the most recent year with available data, 2016, was $3,247, approximately 0.7% of the median home sale price for July 2020.

The following table compares Seattle (unincorporated) to other King County cities with similar median sale prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Renton4220110%$509,500$437,00016.6%
Milton10-$475,000$0-
White Center (unincorporated)192850%$475,000$412,45015.2%
Burien171241.7%$467,000$545,000-14.3%
Kent442951.7%$453,250$431,5005%
Seattle (unincorporated)251747.1%$450,000$450,0000%
Black Diamond63100%$447,500$397,70012.5%
Tukwila10666.7%$447,500$441,0001.5%
South Federal Way (unincorporated)51400%$440,000$250,00076%
Auburn4220110%$428,500$435,000-1.5%
Enumclaw16977.8%$427,475$380,95012.2%

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