South King County Homes on Acreage | Market Activity January 2012

Looking for a little Elbow room between you and the neighbors? If so, you're not alone.

In 2011, there were 342 Single family homes sold on one or more acre in South King County. The lowest priced home sold was $69,900 and the highest was $1,650,000.

The median price (half sold below, half sold above) was $325,000.

The average market time was 84 days

For larger parcels:

84 Single family properties on 5+ acres sold for an average price of $419,370. The time on market for those listings averaged 100 days.

10+ Acres? There were only 16 Single family home sales in South King County on ten or more acres in 2011. And on 20 or more acres, there were 3 homes sold.

The largest parcel closed in 2011?

A 28 acre horse farm in Enumclaw with a 4,000 square foot home. The property was listed for $949,000 and sold for $860,000

If you're looking for a home on acreage in South King County, whether it's for animals, gardening, hobbies or just some elbow room, you can begin your search here.

The purchase of Acreage properties in King County has some specific considerations you'll want to contemplate; wetlands, set-backs for future building, open-space classification as well as well and septic condition/requirements. You can research many acreage properties on the King County website. Or you can call me to get the process started and I'll be happy to help point you in the right direction!