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Seattle City Wire

Friday, November 8, 2024

Median home prices in Seattle rose to $900,000 in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Seattle rose by $59,651 while total sales increased by 23.1%, according to BlockShopper.com.

From July through September of 2021, there were 1,719 homes sold, with a median sale price of $900,000 - a 7.1% increase over the $840,350 median sale price for the same period of the previous year. There were 1,396 homes sold in Seattle in the third quarter of 2020.

The median sales tax in Seattle for the most recent year with available data, 2016, was $4,956, approximately 0.6% of the median home sale price for the third quarter of 2021.

The following table compares Seattle to other King County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Kenmore7134108.8%$950,000$762,25024.6%
Snoqualmie (unincorporated)6520%$937,444$905,0503.6%
Black Diamond (unincorporated)52150%$920,000$1,099,999.50-16.4%
Vashon (unincorporated)393511.4%$900,000$825,0009.1%
North Bend2512108.3%$900,000$642,75040%
Seattle1,7191,39623.1%$900,000$840,349.507.1%
Lake Forest Park35342.9%$888,888$747,50018.9%
Lea Hill (unincorporated)191711.8%$870,000$672,00029.5%
Duvall27270%$826,000$655,00026.1%
Ravensdale (unincorporated)83166.7%$773,750$1,055,250-26.7%
Shoreline16413323.3%$750,000$675,00011.1%

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