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East King News

Tuesday, November 26, 2024

Baring (unincorporated) median home prices rose by 40.9% in the fourth quarter of 2021

Realestate5

The median sale price of a home sold in the fourth quarter of 2021 in Baring (unincorporated) rose by $141,175 while total sales increased by 150%, according to BlockShopper.com.

From October through December of 2021, there were five homes sold, with a median sale price of $486,675 - a 40.9% increase over the $345,500 median sale price for the same period of the previous year. There were two homes sold in Baring (unincorporated) in the fourth quarter of 2020.

The median sales tax in Baring (unincorporated) for the most recent year with available data, 2016, was $1,656, approximately 0.3% of the median home sale price for the fourth quarter of 2021.

The following table compares Baring (unincorporated) to other King County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Covington785056%$542,500$480,00013%
South Federal Way (unincorporated)171154.5%$540,000$438,50023.1%
Des Moines59573.5%$530,000$449,95017.8%
Seatac563655.6%$525,000$450,00016.7%
Ravensdale (unincorporated)1215-20%$520,000$540,000-3.7%
Auburn15010050%$517,500$450,00015%
Baring (unincorporated)52150%$486,675$345,50040.9%
Enumclaw3341-19.5%$486,500$431,00012.9%
Pacific157114.3%$455,000$410,00011%
Skykomish (unincorporated)20-$442,500$0-
Algona136116.7%$425,000$400,0006.3%

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