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Seattle City Wire

Thursday, November 14, 2024

April: Home prices in Seattle increased

Realestate1

The median sale price of a home sold in April in Seattle rose by $162,000 while total sales decreased by 18.9 percent, according to BlockShopper.com.

In April, there were 429 homes sold, with a median sale price of $1,067,000 - a 17.9 percent increase over the $905,000 median sale price for the same period of the previous year. There were 529 homes sold in Seattle in April 2021.

The median sales tax in Seattle for the most recent year with available data, 2016, was $4,956, approximately 0.5 percent of the median home sale price for April.

The following table compares Seattle to other King County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Woodinville78-12.5$1,300,000$785,00065.6
Fall City (unincorporated)52150$1,245,000$950,00031.1
Snoqualmie16156.7$1,162,500$887,00031.1
Bothell (unincorporated)9650$1,150,000$762,50050.8
Duvall915-40$1,100,000$906,50021.3
Seattle429529-18.9$1,067,000$905,00017.9
Lake Forest Park1318-27.8$1,065,000$927,50014.8
Kenmore131030$1,050,000$820,00028
North Bend62200$1,020,495$827,50023.3
Newcastle (unincorporated)21100$989,500$840,00017.8
North Bend (unincorporated)13128.3$935,000$710,00031.7

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