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Evergreen Reporter

Friday, November 15, 2024

Burien median home prices fell by 2.9% in May 2020

Re 11

The median sale price of a home sold in May 2020 in Burien fell by $14,750 while total sales decreased by 63.2%, according to BlockShopper.com.

In May 2020, there were 14 homes sold, with a median sale price of $487,750 - a 2.9% decrease over the $502,500 median sale price for the same period of the previous year. There were 38 homes sold in Burien in May 2019.

The median sales tax in Burien for the most recent year with available data, 2016, was $3,875, approximately 0.8% of the median home sale price for May 2020.

The following table compares Burien 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)
North Bend (unincorporated)1119-42.1%$523,000$530,000-1.3%
Enumclaw (unincorporated)1013-23.1%$522,500$505,0003.5%
Renton3659-39%$512,500$500,0002.5%
Maple Valley3849-22.4%$507,500$458,00010.8%
Seattle (unincorporated)23224.5%$490,000$461,0006.3%
Burien1438-63.2%$487,750$502,500-2.9%
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%

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