Renton Real Estate Market Sees Sales Fall

In this week's report, the number of homes sold in the Renton market dropped to 107 over the past 30 days, a decrease of 2.7% from last week's report, but still above the monthly average. On the other hand, close-by Seattle registered 947 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Renton, and for this period the median sales price slid from $372,500 to $360,000. There are only two months of inventory available in Renton, so it's a definite seller's market, even with the decrease in sales.

If you need more bedrooms, take a look at these homes in Renton that offer more than other listings:

$610K   $575K   $849K  

Get started right now by checking out Renton homes for sale or reviewing Renton real estate trends.

Demographic facts for Renton:

  • The average age of houses in this area is 28 years old.
  • The area gets 11.7 inches of snow a year. (U.S. average: 25)
  • The rating for job market growth is 62. (Scale: 1 = Worst, 100 = Best)
  • Schools spend an average of $4,622 for each student in this area. ($5,691 = national average)

Data reported through 10/12/2016

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