Shoreline home prices rise 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 Shoreline rose by $41,000 while total sales increased by 15.2%, according to BlockShopper.com.

From July through December of 2018, there were 174 homes sold, with a median sale price of $621,000 – a 7.1% increase over the $580,000 median sale price for the same period of the previous year. There were 151 homes sold in Shoreline in the second half of 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 the second half of 2018.

The following table compares Shoreline 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)
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%
Duvall 36 23 56.5% $599,975 $510,000 17.6%
Black Diamond (unincorporated) 5 6 -16.7% $595,000 $679,975 -12.5%
Ravensdale (unincorporated) 13 9 44.4% $569,000 $520,000 9.4%
Snoqualmie (unincorporated) 9 5 80% $555,000 $699,950 -20.7%


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