Price Appreciation Study
A Look at Local Home Value Growth Since 2012
Since 2012, home values have grown around 10% each year, resulting in significant returns in pricing. Below are some examples of actual homes sold in 2012 and again in 2015, with no remodel or significant improvements in between. We pulled these examples to show you actual pound-for-pound market data versus the statistical percentages often quoted in market updates. We think these examples are pretty telling and quite exciting!
We hope these examples provide you insight on the increase in home values in your area, and how they might pertain to you. Please contact any of our agents if you have any questions, or would like a Comparable Market Analysis (CMA) on your home.
3 bedroom 2500sf Mill Creek home:
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Sold in March 2012
$375,000
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Sold in June 2015
$510,000
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$135,000 INCREASE IN HOME VALUE: 36%!
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3 bedroom 3200 sq ft Edmonds home:
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Sold in August 2012
$569,950
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Sold in July 2015
$755,000
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$185,050 INCREASE IN HOME VALUE: 32%!
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4 bedroom 2100 sq ft Bothell home:
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Sold in February 2012
$318,948
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Sold in February 2015
$433,820
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$114,872 INCREASE IN HOME VALUE: 36%!
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3 bedroom 1400 sq ft Shoreline home:
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Sold in 2012
$313,000
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Sold in 2015
$415,250
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$102,250 INCREASE IN HOME VALUE: 33%!
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3 bedroom 1800 sq ft Lynnwood home:
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Sold in December 2011
$220,000
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Sold in May 2015
$315,000
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$95,000 INCREASE IN HOME VALUE: 43%!
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4 bedroom 2700sf Kirkland home:
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Sold in October 2012
$630,000
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Sold in July 2015
$799,000
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$169,000 INCREASE IN HOME VALUE: 27%!
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3 bedroom 2300sf Seattle (Greenwood) home:
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Sold in December 2012
$585,000
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Sold in October 2015
$781,050
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$196,050 INCREASE IN HOME VALUE: 34%!
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2 bedroom 2600sf North Seattle home:
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Sold in December 2012
$418,000
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Sold in April 2015
$567,000
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$149,000 INCREASE IN HOME VALUE: 36%!
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.
3 bedroom 1500sf Brier home:
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Sold in July 2012
$258,000
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Sold in April 2015
$347,000
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$89,000 INCREASE IN HOME VALUE: 34%!
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4 bedroom 1900sf Mountlake Terrace home:
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Sold in March 2012
$287,000
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Sold in July 2015
$426,500
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$139,500 INCREASE IN HOME VALUE: 49%!
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4 bedroom 2300sf Everett home:
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Sold in June 2012
$260,100
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Sold in December 2015
$339,000
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$78,900 INCREASE IN HOME VALUE: 30%!
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