Kent home prices drop 2.3 percent in July

Published 11:20 am Thursday, September 4, 2014

Kent home prices were down 2.3 percent in July compared to the same month in 2013 with a median price of $260,750.

Sales dropped 15.4 percent with 126 homes sold, according to 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 July 2014 compared to July 2013:

• Home prices were down 2.3 percent. The median home price was $260,750.

• Sales were down 15.4 percent with 126 homes sold.

• Homes spent a median 15 days on the market.

For more information, go to redfin.com.