Kent home sales up 40.7 percent in March with 159 sold

Published 4:02 pm Tuesday, April 21, 2015

Kent home sales were up 40.7 percent in March compared to the same month in 2014. Prices were up 12.2 percent.

In addition, a third (32 percent) of homes sold were bought by buyers who paid in all cash, according to a report by Redfin, a Seattle-based real estate company.

The data is from March only and reflects an unvarnished timely snapshot of the market.

The numbers in March compared to March 2014:

• Prices up 12.2 percent

• Median price $275,000, including $306,000 for single-family; $169,500 for condos and townhomes

• 159 homes sold

• Homes spent a median 33 days on the market, 4 days faster than the same month last year

• Sales up 40.7 percent

For more information, go to redfin.com.