Kenmore home prices fall in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Kenmore fell by $70,500 while total sales increased by 10.7%, according to BlockShopper.com.

From January through March of 2019, there were 31 homes sold, with a median sale price of $602,000 – a 10.5% decrease over the $672,500 median sale price for the same period of the previous year. There were 28 homes sold in Kenmore in the first quarter of 2018.

The median sales tax in Kenmore for the most recent year with available data, 2016, was $5,352, approximately 0.9% of the median home sale price for the first quarter of 2019.

The following table compares Kenmore to other King County cities with similar median sales prices in the first quarter of 2019:

City Jan. – Mar. 2019 Home Sales Jan. – Mar. 2018 Home Sales % change (Total Home Sales) Jan. – Mar. 2019 Median Sales Price Jan. – Mar. 2018 Median Sales Price % change (Median Sales Price)
Lake Forest Park 18 14 28.6% $658,500 $757,500 -13.1%
North Bend 8 9 -11.1% $640,500 $625,000 2.5%
Bothell (unincorporated) 11 14 -21.4% $640,000 $703,500 -9%
Ravensdale (unincorporated) 6 3 100% $622,499.50 $375,000 66%
Vashon (unincorporated) 11 17 -35.3% $610,000 $520,000 17.3%
Kenmore 31 28 10.7% $602,000 $672,500 -10.5%
Duvall 9 16 -43.8% $590,000 $649,500 -9.2%
Shoreline 64 74 -13.5% $587,000 $610,000 -3.8%
Enumclaw (unincorporated) 15 22 -31.8% $570,000 $440,000 29.5%
Carnation 4 4 0% $550,000 $576,500 -4.6%
Bothell 7 14 -50% $550,000 $657,250 -16.3%


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