Shoreline home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Shoreline rose by $100,000 while total sales decreased by 62.7%, according to BlockShopper.com.

In May 2018, there were 25 homes sold, with a median sale price of $620,000 – a 19.2% increase over the $520,000 median sale price for the same period of the previous year. There were 67 homes sold in Shoreline in May 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 May 2018.

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

City May 2018 Home Sales May 2017 Home Sales % change (Total Home Sales) May 2018 Median Sales Price May 2017 Median Sales Price % change (Median Sales Price)
Kirkland (unincorporated) 17 32 -46.9% $705,000 $703,500 0.2%
Bellevue (unincorporated) 5 6 -16.7% $703,000 $632,500 11.1%
Normandy Park 7 18 -61.1% $695,000 $578,250 20.2%
Black Diamond 2 10 -80% $637,225 $338,950 88%
Enumclaw (unincorporated) 3 15 -80% $635,000 $480,000 32.3%
Shoreline 25 67 -62.7% $620,000 $520,000 19.2%
Duvall 8 14 -42.9% $592,499.50 $510,750 16%
South Federal Way (unincorporated) 1 9 -88.9% $585,000 $345,000 69.6%
Vashon (unincorporated) 3 18 -83.3% $575,000 $543,300 5.8%
Lea Hill (unincorporated) 2 8 -75% $570,500 $525,000 8.7%
Renton 26 84 -69% $555,000 $443,750 25.1%


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