Shoreline home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Shoreline rose by $38,000 while total sales increased by 76.2%, according to BlockShopper.com.

In October 2018, there were 37 homes sold, with a median sale price of $600,000 – a 6.8% increase over the $562,000 median sale price for the same period of the previous year. There were 21 homes sold in Shoreline in October 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 October 2018.

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

City Oct. 2018 Home Sales Oct. 2017 Home Sales % change (Total Home Sales) Oct. 2018 Median Sales Price Oct. 2017 Median Sales Price % change (Median Sales Price)
North Bend 7 1 600% $630,000 $732,900 -14%
Kirkland (unincorporated) 18 11 63.6% $617,500 $656,500 -5.9%
Kenmore 19 7 171.4% $617,500 $680,000 -9.2%
Duvall 9 2 350% $600,000 $521,000 15.2%
Enumclaw (unincorporated) 8 3 166.7% $600,000 $370,000 62.2%
Shoreline 37 21 76.2% $600,000 $562,000 6.8%
Snoqualmie (unincorporated) 2 1 100% $567,500 $625,000 -9.2%
Renton 40 17 135.3% $530,000 $450,000 17.8%
North Bend (unincorporated) 15 7 114.3% $507,000 $415,000 22.2%
Ravensdale (unincorporated) 4 0 $506,500 $0
Maple Valley 34 18 88.9% $483,750 $438,000 10.4%


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