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Evergreen Reporter

Friday, November 8, 2024

How did home prices perform in Des Moines during July 2020?

Realestate5

The median sale price of a home sold in July 2020 in Des Moines rose by $136,000 while total sales increased by 92.3%, according to BlockShopper.com.

In July 2020, there were 25 homes sold, with a median sale price of $511,000 - a 36.3% increase over the $375,000 median sale price for the same period of the previous year. There were 13 homes sold in Des Moines in July 2019.

The median sales tax in Des Moines for the most recent year with available data, 2016, was $3,602, approximately 0.7% of the median home sale price for July 2020.

The following table compares Des Moines 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)
Duvall10825%$581,550$647,000-10.1%
Kent (unincorporated)372085%$540,000$497,5008.5%
East Renton Highlands (unincorporated)503161.3%$526,500$530,000-0.7%
Maple Valley4522104.5%$525,100$512,0002.6%
Renton (unincorporated)660%$515,000$575,000-10.4%
Des Moines251392.3%$511,000$375,00036.3%
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%

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