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East King News

Tuesday, November 26, 2024

Pricing for the median home in Baring (unincorporated) decreased during the second half of 2021

Re 1

The median sale price of a home sold in the second half of 2021 in Baring (unincorporated) fell by $66,875 while total sales increased by 60%, according to BlockShopper.com.

From July through December of 2021, there were eight homes sold, with a median sale price of $298,125 - a 18.3% decrease over the $365,000 median sale price for the same period of the previous year. There were five homes sold in Baring (unincorporated) in the second half of 2020.

The median sales tax in Baring (unincorporated) for the most recent year with available data, 2016, was $1,656, approximately 0.6% of the median home sale price for the second half of 2021.

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

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Milton114175%$550,000$371,50048%
White Center (unincorporated)716018.3%$550,000$480,00014.6%
South Federal Way (unincorporated)282040%$542,500$439,25023.5%
Auburn30222434.8%$531,750$444,00019.8%
Seatac1036851.5%$525,000$430,00022.1%
Black Diamond2530-16.7%$500,000$472,5005.8%
Enumclaw947525.3%$492,500$425,00015.9%
Pacific342347.8%$484,500$402,00020.5%
Algona2211100%$431,250$380,00013.5%
Skykomish (unincorporated)52150%$325,000$235,00038.3%
Baring (unincorporated)8560%$298,125$365,000-18.3%

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