What happened to the median home price in Snoqualmie during the first half of 2022?

Medium realestate1

The median sale price of a home sold in the first half of 2022 in Snoqualmie rose by $320,000 while total sales increased by 15.5 percent, according to BlockShopper.com.

From January through June, there were 82 homes sold, with a median sale price of $1,215,000 - a 35.8 percent increase over the $895,000 median sale price for the same period of the previous year. There were 71 homes sold in Snoqualmie in the first half of 2021.

The median sales tax in Snoqualmie for the most recent year with available data, 2016, was $5,922, approximately 0.5 percent of the median home sale price for the first half of 2022.

The following table compares Snoqualmie to other King County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Fall City (unincorporated)292045$1,265,000$912,50038.6
Lake Forest Park5966-10.6$1,250,000$865,00044.5
Fenton (unincorporated)610-40$1,240,000$1,697,500-27
Bothell (unincorporated)694553.3$1,150,000$850,00035.3
North Bend3414142.9$1,143,500$795,00043.8
Black Diamond (unincorporated)104150$1,085,000$1,260,000-13.9
Normandy Park402842.9$1,037,500$917,50013.1

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