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Friday, November 22, 2024

What happened to the median home price in Burien during April 2020?

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The median sale price of a home sold in April 2020 in Burien rose by $32,000 while total sales decreased by 27.3%, according to BlockShopper.com.

In April 2020, there were 16 homes sold, with a median sale price of $552,500 - a 6.1% increase over the $520,500 median sale price for the same period of the previous year. There were 22 homes sold in Burien in April 2019.

The median sales tax in Burien for the most recent year with available data, 2016, was $3,875, approximately 0.7% of the median home sale price for April 2020.

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

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Vashon (unincorporated)611-45.5%$657,500$565,00016.4%
Kirkland (unincorporated)1328-53.6%$653,500$723,500-9.7%
Shoreline1639-59%$625,000$630,000-0.8%
Duvall410-60%$601,500$662,500-9.2%
Renton2045-55.6%$562,500$450,00025%
Burien1622-27.3%$552,500$520,5006.1%
North Bend4333.3%$540,150$666,000-18.9%
Maple Valley1831-41.9%$530,000$465,00014%
East Renton Highlands (unincorporated)1947-59.6%$530,000$459,95015.2%
Renton (unincorporated)516-68.8%$515,000$490,0005.1%
Black Diamond14-75%$510,000$300,00070%

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