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Friday, November 15, 2024

What happened to the median home price in Snoqualmie (unincorporated) during the first half of 2021?

Realestate3

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The median sale price of a home sold in the first half of 2021 in Snoqualmie (unincorporated) rose by $170,000 while total sales increased by 120%, according to BlockShopper.com.

From January through June of 2021, there were 11 homes sold, with a median sale price of $725,000 - a 30.6% increase over the $555,000 median sale price for the same period of the previous year. There were five homes sold in Snoqualmie (unincorporated) in the first half of 2020.

The median sales tax in Snoqualmie (unincorporated) for the most recent year with available data, 2016, was $5,060, approximately 0.7% of the median home sale price for the first half of 2021.

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

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Ravensdale (unincorporated)215320%$780,000$610,00027.9%
Carnation810-20%$772,500$637,497.5021.2%
Shoreline23816841.7%$747,500$628,37519%
North Bend (unincorporated)534712.8%$742,500$505,00047%
Enumclaw (unincorporated)543268.8%$733,500$517,50041.7%
Snoqualmie (unincorporated)115120%$725,000$555,00030.6%
Vashon (unincorporated)554912.2%$720,000$625,00015.2%
Maple Valley23215252.6%$675,000$512,50031.7%
East Renton Highlands (unincorporated)26517551.4%$665,000$531,00025.2%
Renton24314369.9%$630,000$528,50019.2%
Black Diamond16156.7%$627,500$505,00024.3%

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