Kenmore home prices fall in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Kenmore fell by $49,475 while total sales increased by 50%, according to BlockShopper.com.

From October through December of 2018, there were 42 homes sold, with a median sale price of $635,000 – a 7.2% decrease over the $684,475 median sale price for the same period of the previous year. There were 28 homes sold in Kenmore in the fourth quarter of 2017.

The median sales tax in Kenmore for the most recent year with available data, 2016, was $5,352, approximately 0.8% of the median home sale price for the fourth quarter of 2018.

The following table compares Kenmore to other King County cities with similar median sales prices in the fourth quarter of 2018:

City Oct. – Dec. 2018 Home Sales Oct. – Dec. 2017 Home Sales % change (Total Home Sales) Oct. – Dec. 2018 Median Sales Price Oct. – Dec. 2017 Median Sales Price % change (Median Sales Price)
Kirkland (unincorporated) 44 30 46.7% $692,500 $686,000 0.9%
Bothell (unincorporated) 17 15 13.3% $665,000 $605,000 9.9%
Snoqualmie 27 13 107.7% $664,600 $623,865 6.5%
Fall City (unincorporated) 5 4 25% $664,000 $1,178,750 -43.7%
Lake Forest Park 14 21 -33.3% $642,500 $695,000 -7.6%
Kenmore 42 28 50% $635,000 $684,475 -7.2%
Shoreline 84 54 55.6% $619,200 $590,000 4.9%
Duvall 23 5 360% $599,950 $600,000 -0%
North Bend 10 4 150% $572,100 $610,375 -6.3%
Newcastle (unincorporated) 1 1 0% $560,000 $577,000 -2.9%
Ravensdale (unincorporated) 8 2 300% $552,500 $545,000 1.4%


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