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Evergreen Reporter

Monday, November 25, 2024

Rising home prices in South Federal Way (unincorporated) in June 2020

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The median sale price of a home sold in June 2020 in South Federal Way (unincorporated) rose by $28,500 while total sales decreased by 62.5%, according to BlockShopper.com.

In June 2020, there were three homes sold, with a median sale price of $420,000 - a 7.3% increase over the $391,500 median sale price for the same period of the previous year. There were eight homes sold in South Federal Way (unincorporated) in June 2019.

The median sales tax in South Federal Way (unincorporated) for the most recent year with available data, 2016, was $3,729, approximately 0.9% of the median home sale price for June 2020.

The following table compares South Federal Way (unincorporated) to other King County cities with similar median sale prices in June 2020:

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Covington281947.4%$450,500$417,0008%
Des Moines271492.9%$449,950$357,50025.9%
Kent2735-22.9%$445,000$399,95011.3%
Auburn3751-27.5%$444,000$391,90013.3%
Auburn (unincorporated)201625%$426,750$507,500-15.9%
South Federal Way (unincorporated)38-62.5%$420,000$391,5007.3%
Enumclaw1319-31.6%$415,000$360,00015.3%
Seatac770%$380,000$433,000-12.2%
Algona12-50%$370,000$356,5003.8%
Pacific440%$362,500$418,750-13.4%
Black Diamond46-33.3%$335,000$513,750-34.8%

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