{"id":15492,"date":"2014-09-26T12:37:27","date_gmt":"2014-09-26T19:37:27","guid":{"rendered":"http:\/\/spiken.wpengine.com\/news\/kent-home-prices-drop-just-0-6-percent-in-august\/"},"modified":"2016-10-21T18:10:35","modified_gmt":"2016-10-22T01:10:35","slug":"kent-home-prices-drop-just-0-6-percent-in-august","status":"publish","type":"post","link":"https:\/\/www.kentreporter.com\/business\/kent-home-prices-drop-just-0-6-percent-in-august\/","title":{"rendered":"Kent home prices drop just 0.6 percent in August"},"content":{"rendered":"
Kent home prices were down 0.6 percent in August compared to the same month in 2013 with a median price of $260,000.<\/p>\n<\/p>\n
Sales dropped 13.7 percent with 120 homes sold, according to a Sept. 26 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.<\/p>\n<\/p>\n
The numbers in August compared to August 2013:<\/p>\n<\/p>\n
\u2022 Home prices were down 0.6 percent. The median home price was $260,000<\/p>\n<\/p>\n
\u2022 Median price was $275,218 for single-family homes; $161,950 for condos and townhomes<\/p>\n<\/p>\n
\u2022 Sales were down 13.7 percent with 120 homes sold<\/p>\n<\/p>\n
\u2022 Homes spent a median 25 days on the market<\/p>\n<\/p>\n
\u2022 35 percent of homes sold above list price<\/p>\n<\/p>\n