A Look Back At Median Sales Prices: 2020 VS 2023

Looking for a charming, unique, and out of the ordinary home with lots to offer? Look no further than this 3 bed/1.75 bath home in Normandy Park. Enjoy views of Puget Sound & the Olympic Mountains and breathtaking sunsets from your private deck. The warm and inviting woodwork inside creates a cozy and welcoming atmosphere, while the beautiful yard offers a serene and peaceful escape. You’ll feel like you’re on vacation every day! The lower level has a kitchenette for movie nights and has the ideal set up for guests or an ADU/Airbnb. This home boasts plenty of storage space for your water toys, RV, motorcycles, and more. Great neighbors & a quiet community w/EZ access to freeways, shopping, restaurants & SeaTac. An ideal spot to call home.
More information and photos at www.johnlscott.com/67799
We’ve all heard that the lack of inventory, strong job growth and higher demand have driven housing prices up throughout our region. These price increases vary by area but the overall upward trend is the same.
I compiled the map and chart below to give you a sense of how Normandy Park home prices compare to our surrounding area neighbors. You will notice that the median sales price in Normandy Park is up +19.1% over just the last two years! Incredible – but why is that?
Many home buyers have been priced out of Seattle and are exploring the surrounding neighborhoods. Normandy Park has proved to be a great alternative for buyers looking for a family friendly community in a very convenient location.
Year over year median sales price was up 19% in Normandy Park last year. The 2019 housing market is positioned for another active year. However, we expect the home price appreciation pace to be more moderate than we have seen in previous years.