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Saturday, November 16, 2024

What happened to the median home price in Snoqualmie (unincorporated) during October 2020?

Re 9

The median sale price of a home sold in October 2020 in Snoqualmie (unincorporated) fell by $572,625 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In October 2020, there were two homes sold, with a median sale price of $455,000 - a 55.7% decrease over the $1,027,625 median sale price for the same period of the previous year. There were two homes sold in Snoqualmie (unincorporated) in October 2019, as well.

The median sales tax in Snoqualmie (unincorporated) for the most recent year with available data, 2016, was $5,060, approximately 1.1% of the median home sale price for October 2020.

The following table compares Snoqualmie (unincorporated) to other King County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Enumclaw (unincorporated)713-46.2%$500,000$459,9908.7%
Black Diamond (unincorporated)10-$492,500$0-
Kent493063.3%$480,000$422,249.5013.7%
Auburn (unincorporated)171154.5%$480,000$422,90013.5%
Pacific330%$466,500$345,00035.2%
Snoqualmie (unincorporated)220%$455,000$1,027,625-55.7%
Auburn373215.6%$453,000$391,50015.7%
Federal Way514513.3%$440,000$407,0008.1%
Des Moines181338.5%$433,750$450,000-3.6%
Enumclaw2311109.1%$431,000$365,00018.1%
South Federal Way (unincorporated)56-16.7%$431,000$393,2259.6%

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