Shoreline home prices rise in April 2018

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The median sale price of a home sold in April 2018 in Shoreline rose by $95,000 while total sales decreased by 53.2%, according to BlockShopper.com.

In April 2018, there were 22 homes sold, with a median sale price of $625,000 – a 17.9% increase over the $530,000 median sale price for the same period of the previous year. There were 47 homes sold in Shoreline in April 2017.

The median sales tax in Shoreline for the most recent year with available data, 2016, was $4,439, approximately 0.7% of the median home sale price for April 2018.

The following table compares Shoreline to other King County cities with similar median sales prices in April 2018:

City Apr. 2018 Home Sales Apr. 2017 Home Sales % change (Total Home Sales) Apr. 2018 Median Sales Price Apr. 2017 Median Sales Price % change (Median Sales Price)
Normandy Park 3 8 -62.5% $691,000 $638,000 8.3%
Kirkland (unincorporated) 14 33 -57.6% $665,500 $610,000 9.1%
Bothell 7 7 0% $665,000 $675,000 -1.5%
Vashon (unincorporated) 5 12 -58.3% $660,000 $616,500 7.1%
Snoqualmie (unincorporated) 2 1 100% $627,000 $260,000 141.2%
Shoreline 22 47 -53.2% $625,000 $530,000 17.9%
Burien 12 39 -69.2% $577,495 $380,000 52%
North Bend (unincorporated) 6 16 -62.5% $560,000 $435,000 28.7%
Lea Hill (unincorporated) 1 7 -85.7% $535,000 $495,000 8.1%
Maple Valley 19 44 -56.8% $535,000 $437,000 22.4%
Renton (unincorporated) 5 8 -37.5% $524,900 $445,250 17.9%


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