Shoreline home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Shoreline fell by $50,000 while total sales increased by 70.4%, according to BlockShopper.com.

From April through June of 2019, there were 121 homes sold, with a median sale price of $590,000 – a 7.8% decrease over the $640,000 median sale price for the same period of the previous year. There were 71 homes sold in Shoreline in the second quarter of 2018.

The median sales tax in Shoreline for the most recent year with available data, 2016, was $4,439, approximately 0.8% of the median home sale price for the second quarter of 2019.

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

City Apr. – June 2019 Home Sales Apr. – June 2018 Home Sales % change (Total Home Sales) Apr. – June 2019 Median Sales Price Apr. – June 2018 Median Sales Price % change (Median Sales Price)
Snoqualmie 51 24 112.5% $685,000 $729,500 -6.1%
Bothell (unincorporated) 34 23 47.8% $675,000 $699,000 -3.4%
Duvall 25 15 66.7% $650,000 $540,000 20.4%
Enumclaw (unincorporated) 29 12 141.7% $647,000 $560,500 15.4%
Newcastle (unincorporated) 8 3 166.7% $600,000 $552,000 8.7%
Shoreline 121 71 70.4% $590,000 $640,000 -7.8%
Lea Hill (unincorporated) 12 6 100% $580,000 $545,000 6.4%
Vashon (unincorporated) 42 16 162.5% $574,200 $645,000 -11%
Ravensdale (unincorporated) 8 3 166.7% $562,975 $715,000 -21.3%
North Bend (unincorporated) 41 20 105% $559,995 $485,000 15.5%
East Renton Highlands (unincorporated) 158 88 79.5% $511,000 $483,750 5.6%


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