Shoreline home prices fall in May 2019

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The median sale price of a home sold in May 2019 in Shoreline fell by $64,500 while total sales increased by 120%, according to BlockShopper.com.

In May 2019, there were 55 homes sold, with a median sale price of $555,500 – a 10.4% decrease over the $620,000 median sale price for the same period of the previous year. There were 25 homes sold in Shoreline in May 2018.

The median sales tax in Shoreline for the most recent year with available data, 2016, was $4,439, approximately 0.8% of the median home sale price for May 2019.

The following table compares Shoreline to other King County cities with similar median sales prices in May 2019:

City May 2019 Home Sales May 2018 Home Sales % change (Total Home Sales) May 2019 Median Sales Price May 2018 Median Sales Price % change (Median Sales Price)
Snoqualmie 17 7 142.9% $650,000 $720,000 -9.7%
Newcastle (unincorporated) 4 1 300% $645,000 $552,000 16.8%
Bothell 14 7 100% $632,500 $833,000 -24.1%
Vashon (unincorporated) 14 3 366.7% $580,000 $575,000 0.9%
Lea Hill (unincorporated) 1 2 -50% $560,000 $570,500 -1.8%
Shoreline 55 25 120% $555,500 $620,000 -10.4%
Carnation 4 0 $533,000 $0
North Bend (unincorporated) 19 9 111.1% $530,000 $450,000 17.8%
Milton 2 0 $516,997.50 $0
East Renton Highlands (unincorporated) 64 23 178.3% $515,000 $515,000 0%
Enumclaw (unincorporated) 13 3 333.3% $505,000 $635,000 -20.5%


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