Kent home prices drop 1 percent in September

Published 10:41 am Wednesday, October 22, 2014

Kent home prices were down 1 percent in September compared to the same month in 2013 with a median price of $260,000.

Sales dropped 13.7 percent with 118 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 September compared to September 2013:

• Home prices were down 1 percent

• The median home price was $260,000

• Sales were down 13.7 percent with 118 homes sold

• Homes spent a median 29 days on the market

• The number of homes for sale dropped 19 percent

For more information, go to redfin.com.