Carnation home prices rise in the first half of 2018

Carnation home prices rise in the first half of 2018
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The median sale price of a home sold in the first half of 2018 in Carnation rose by $211,500 while total sales decreased by 55.6%, according to BlockShopper.com.

From January through June of 2018, there were four homes sold, with a median sale price of $576,500 – a 57.9% increase over the $365,000 median sale price for the same period of the previous year. There were nine homes sold in Carnation in the first half of 2017.

The median sales tax in Carnation for the most recent year with available data, 2016, was $3,504, approximately 0.6% of the median home sale price for the first half of 2018.

The following table compares Carnation to other King County cities with similar median sales prices in the first half of 2018:

City Jan. – June 2018 Home Sales Jan. – June 2017 Home Sales % change (Total Home Sales) Jan. – June 2018 Median Sales Price Jan. – June 2017 Median Sales Price % change (Median Sales Price)
North Bend 13 29 -55.2% $630,000 $550,000 14.5%
Shoreline 145 304 -52.3% $625,000 $520,000 20.2%
Snoqualmie (unincorporated) 7 12 -41.7% $600,000 $413,750 45%
Vashon (unincorporated) 33 84 -60.7% $582,000 $531,600 9.5%
Duvall 31 68 -54.4% $580,600 $517,500 12.2%
Carnation 4 9 -55.6% $576,500 $365,000 57.9%
Newcastle (unincorporated) 3 11 -72.7% $552,000 $475,000 16.2%
Ravensdale (unincorporated) 6 20 -70% $545,000 $592,000 -7.9%
Lea Hill (unincorporated) 17 35 -51.4% $541,000 $525,000 3%
Renton (unincorporated) 27 79 -65.8% $500,000 $429,000 16.6%
Renton 151 373 -59.5% $499,950 $437,000 14.4%


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