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Kent home prices up slightly in December
Kent home prices showed unusual strength rising 1.6 percent in December compared to the same month last year.
A 22.2 percent drop in total inventory contributed to the price boost, according to numbers compiled by Redfin, a Seattle-based real estate company. The median home price was $250,000.
Sales were down 12.3 percent with 100 homes sold. Homes sold 11.4 percent slower, spending an average of 39 days on the market.
Redfin publishes Real-Time Home Price Tracker at redfin.com.