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Friday, November 15, 2024

Pricing for the median home in Seatac increased during May 2020

Realestate4

The median sale price of a home sold in May 2020 in Seatac rose by $36,828 while total sales decreased by 17.6%, according to BlockShopper.com.

In May 2020, there were 14 homes sold, with a median sale price of $441,328 - a 9.1% increase over the $404,500 median sale price for the same period of the previous year. There were 17 homes sold in Seatac in May 2019.

The median sales tax in Seatac for the most recent year with available data, 2016, was $3,091, approximately 0.7% of the median home sale price for May 2020.

The following table compares Seatac to other King County cities with similar median sale prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Kent2964-54.7%$475,000$427,50011.1%
Kent (unincorporated)34319.7%$462,500$450,0002.8%
Covington1135-68.6%$462,000$426,9508.2%
Tukwila610-40%$452,500$346,838.5030.5%
Federal Way6074-18.9%$442,000$412,0007.3%
Seatac1417-17.6%$441,327.50$404,5009.1%
Auburn (unincorporated)12119.1%$432,750$410,9505.3%
Auburn3144-29.5%$425,000$425,0000%
Des Moines1033-69.7%$422,000$430,000-1.9%
Enumclaw121020%$397,500$363,4009.4%
South Federal Way (unincorporated)72250%$360,000$309,00016.5%

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