Kent Real Estate Market Sees Sales Decline

The Kent market pulled back this week but was still better than normal as sales dropped 6.0% to 109 homes sold over the last 30 days. In comparison, nearby Federal Way had 132 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Kent, with the median for this period rising from $334,250 to $338,000. There are only two months of inventory available in Kent, so it's a definite seller's market, even with the decrease in sales.

Early bird gets the worm, so be sure to take a look at these new listings in Kent:

$829K   $249K   $205K  

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

Demographic facts about Kent:

  • The median age of all homes in the area is 26 years old.
  • The area gets an average of 3.7 inches of snow each year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 62. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $4,341. ($5,691 = national average)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Best Choice Realty LLC
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Keller Williams Realty
Snapped 4 homes in this area
Windermere Real Estate, Central
Snapped 1 home in this area

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