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East King News

Friday, November 15, 2024

Home prices decreased in Fall City (unincorporated) during the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Fall City (unincorporated) fell by $238,900 while total sales increased by 100%, according to BlockShopper.com.

From April through June of 2021, there were 14 homes sold, with a median sale price of $861,000 - a 21.7% decrease over the $1,099,900 median sale price for the same period of the previous year. There were seven homes sold in Fall City (unincorporated) in the second quarter of 2020.

The median sales tax in Fall City (unincorporated) for the most recent year with available data, 2016, was $7,462, approximately 0.9% of the median home sale price for the second quarter of 2021.

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

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Bothell (unincorporated)2829-3.4%$931,250$711,00031%
Normandy Park19190%$925,000$805,00014.9%
Seattle1,6841,07057.4%$920,000$820,00012.2%
Lake Forest Park4824100%$912,500$726,00025.7%
Kenmore473246.9%$862,500$782,50010.2%
Fall City (unincorporated)147100%$861,000$1,099,900-21.7%
Ravensdale (unincorporated)132550%$857,250$404,000112.2%
Duvall423327.3%$837,750$685,00022.3%
Carnation550%$820,000$675,00021.5%
Lea Hill (unincorporated)201717.6%$816,750$610,00033.9%
Shoreline16310358.3%$805,000$625,00028.8%

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