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Evergreen Reporter

Sunday, November 24, 2024

Falling home prices in Lea Hill (unincorporated) in June 2020

Realestate4

The median sale price of a home sold in June 2020 in Lea Hill (unincorporated) fell by $158,500 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In June 2020, there were four homes sold, with a median sale price of $504,000 - a 23.9% decrease over the $662,500 median sale price for the same period of the previous year. There were four homes sold in Lea Hill (unincorporated) in June 2019, as well.

The median sales tax in Lea Hill (unincorporated) for the most recent year with available data, 2016, was $5,106, approximately 1% of the median home sale price for June 2020.

The following table compares Lea Hill (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)
Maple Valley443815.8%$550,999.50$490,00012.4%
Burien1822-18.2%$550,505$467,75017.7%
North Bend (unincorporated)816-50%$546,000$637,500-14.4%
East Renton Highlands (unincorporated)4147-12.8%$528,000$527,0000.2%
Seattle (unincorporated)2129-27.6%$515,000$440,00017%
Lea Hill (unincorporated)440%$504,000$662,500-23.9%
White Center (unincorporated)94125%$500,000$478,0004.6%
Kent (unincorporated)332250%$475,000$469,5001.2%
Tukwila660%$451,500$450,0000.3%
Federal Way4649-6.1%$451,083.50$417,0008.2%
Covington281947.4%$450,500$417,0008%

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