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Kent's number of home sales drop but prices up
The number of Kent home sales in September dropped 7.4 percent from the same month a year ago but prices were up 22.1 percent.
Home prices were up 22.1 percent with the median price of $261,250, according to numbers compiled by Redfin, a Seattle-based real estate company. Sales dropped 7.4 percent with 112 homes sold. Home were sold 52.3 percent faster than a year ago, spending an average of 21 days on the market.
Redfin's numbers only reflect transactions on the Multiple Listing Service, a local or regional database of available real estate for sale by member brokers. The analysis excluded things like non-MLS-listed foreclosures to most accurately reflect the market that is relevant to consumers, who buy and sell MLS-listed homes with an agent, and less relevant to corporations that buy and sell foreclosures in large quantities.
Redfin’s Real-Time Home Price Tracker reports local home prices, sales volume and inventory.