Kenmore home prices fall in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Kenmore fell by $7,300 while total sales decreased by 1.4%, according to BlockShopper.com.

From July through December of 2018, there were 71 homes sold, with a median sale price of $649,950 – a 1.1% decrease over the $657,250 median sale price for the same period of the previous year. There were 72 homes sold in Kenmore in the second half 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 second half of 2018.

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

City July – Dec. 2018 Home Sales July – Dec. 2017 Home Sales % change (Total Home Sales) July – Dec. 2018 Median Sales Price July – Dec. 2017 Median Sales Price % change (Median Sales Price)
Normandy Park 30 24 25% $750,000 $681,500 10.1%
Bothell 41 34 20.6% $725,000 $787,500 -7.9%
Kirkland (unincorporated) 100 92 8.7% $711,750 $670,500 6.2%
Snoqualmie 61 42 45.2% $697,000 $740,500 -5.9%
Bothell (unincorporated) 37 35 5.7% $669,000 $605,000 10.6%
Kenmore 71 72 -1.4% $649,950 $657,250 -1.1%
Vashon (unincorporated) 44 52 -15.4% $637,500 $636,000 0.2%
Lake Forest Park 45 52 -13.5% $630,000 $692,500 -9%
North Bend 19 12 58.3% $625,000 $616,875 1.3%
Shoreline 174 151 15.2% $621,000 $580,000 7.1%
Lea Hill (unincorporated) 21 22 -4.5% $610,000 $496,000 23%


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