East Hill-Meridian Real Estate Market Sees Home Sales Decline

The East Hill-Meridian market slowed this week but was still better than normal as sales dropped 16.3% to 41 homes sold over the last 30 days. Within the same time frame, Kent had 109 sales, the most of all cities in the area. The median sales price rose to $377,000 over the latest reporting period for East Hill-Meridian, up from $360,000. With only two months of inventory to sell, East Hill-Meridian is a solid seller's market, in spite of the dip in sales.

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Demographic facts for East Hill-Meridian:

  • The average age is 37 years old for the population in this area.
  • The health cost index score in this area is 117.8. (100 = national average)
  • The commute times can range from: <15 min (15.5%), 15-29 min (41.5%), 30-44 min (23.3%), 45-59 min (10.1%), >60 min (9.6%).

Data reported through 10/12/2016

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Best Choice Realty LLC
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Best Choice Realty
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