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Friday, November 22, 2024

July 2020: Duvall experienced a 10.1% drop in median home prices

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The median sale price of a home sold in July 2020 in Duvall fell by $65,450 while total sales increased by 25%, according to BlockShopper.com.

In July 2020, there were 10 homes sold, with a median sale price of $581,550 - a 10.1% decrease over the $647,000 median sale price for the same period of the previous year. There were eight homes sold in Duvall in July 2019.

The median sales tax in Duvall for the most recent year with available data, 2016, was $4,615, approximately 0.8% of the median home sale price for July 2020.

The following table compares Duvall 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)
Lake Forest Park181080%$706,250$895,000-21.1%
Shoreline433619.4%$675,000$647,5004.2%
North Bend73133.3%$635,000$615,0003.3%
North Bend (unincorporated)161060%$596,000$436,00036.7%
Fall City (unincorporated)41300%$595,000$789,000-24.6%
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%

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