Kent home prices up 4.6 percent in November but sales drop

Published 2:25 pm Monday, December 29, 2014

Kent home prices were up 4.6 percent in November compared to the same month in 2013 with a median price of $277,250.

Sales dropped 3.2 percent with 92 homes sold, according to a report by Redfin, a Seattle-based real estate company. The numbers only reflect transactions on the Multiple Listing Service, a local or regional database of available real estate for sale by member brokers.

The numbers in November compared to November 2013:

• Home prices were up 4.6 percent

• The median home price was $277,250

• $298,950 for single-family homes; $174,000 for condos and town homes

• Sales were down 3.2 percent with 92 homes sold

• Homes spent a median 30 days on the market

For more information, go to redfin.com.