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Thursday, November 28, 2024

Shoreline median home prices rose by 16.9% in 2021

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The median sale price of a home sold in 2021 in Shoreline rose by $110,000 while total sales increased by 42.4%, according to BlockShopper.com.

From January through December of 2021, there were 571 homes sold, with a median sale price of $760,000 - a 16.9% increase over the $650,000 median sale price for the previous year. There were 401 homes sold in Shoreline in 2020.

The median sales tax in Shoreline for the most recent year with available data, 2016, was $4,439, approximately 0.6% of the median home sale price for 2021.

The following table compares Shoreline to other King County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Lake Forest Park1399349.5%$875,500$750,00016.7%
Duvall928310.8%$845,500$685,00023.4%
Lea Hill (unincorporated)704748.9%$822,000$680,00020.9%
Vashon (unincorporated)1229824.5%$797,450$685,00016.4%
Snoqualmie (unincorporated)241471.4%$772,500$607,50027.2%
Shoreline57140142.4%$760,000$650,00016.9%
Ravensdale (unincorporated)412378.3%$749,000$610,00022.8%
Enumclaw (unincorporated)1347969.6%$725,000$585,00023.9%
North Bend (unincorporated)1241203.3%$725,000$581,25024.7%
East Renton Highlands (unincorporated)62241649.5%$699,974.50$550,00027.3%
Maple Valley48435137.9%$685,000$530,00029.2%

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