A Home is a Great Long-Term Investment
A HOME IS A GREAT
Despite news stories to the contrary, the real story of home ownership remains one of steadily increasing value.
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County Assessor’s Data
Median Single Family Price and Appreciation by Year since 2000
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|
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King County Central
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King County East
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King County South
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September 2007
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$450,000
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$595,000
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$355,000
|
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Appreciation
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$37,000
9%
|
$45,000
8%
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$20,050
6%
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2006
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$413,000
|
$550,000
|
$334,950
|
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Appreciation
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$43,000
12%
|
$90,050
20%
|
$45,450
16%
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2005
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$370,000
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$459,950
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$289,500
|
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Appreciation
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$45,000
14%
|
$61,950
16%
|
$38,500
15%
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2004
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$325,000
|
$398,000
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$251,000
|
|
Appreciation
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$35,000
12%
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$42,791
12%
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$22,437
10%
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2003
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$290,000
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$355,209
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$228,563
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Appreciation
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$17,000
6%
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$17,209
5%
|
$10,563
5%
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2002
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$273,000
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$338,000
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$218,000
|
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Appreciation
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$18,000
7%
|
$18,000
6%
|
$13,775
7%
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2001
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$225,000
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$320,000
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$204,225
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Appreciation
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$14,000
6%
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$3,900
1%
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$11,225
6%
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Source: King County Assessor/GARDNER JOHNSON LLC