{"id":19154,"date":"2013-11-18T15:34:06","date_gmt":"2013-11-18T23:34:06","guid":{"rendered":"http:\/\/spiken.wpengine.com\/news\/kent-home-sales-prices-up-in-october-compared-to-2012\/"},"modified":"2016-10-22T17:35:35","modified_gmt":"2016-10-23T00:35:35","slug":"kent-home-sales-prices-up-in-october-compared-to-2012","status":"publish","type":"post","link":"https:\/\/www.kentreporter.com\/business\/kent-home-sales-prices-up-in-october-compared-to-2012\/","title":{"rendered":"Kent home sales, prices up in October compared to 2012"},"content":{"rendered":"<p><p>Homes sales in Kent were up 17 percent and prices up 10.9 percent in October compared to the same month in 2012.<\/p>\n<\/p>\n<p><p>A total of 131 homes were sold at a median price of $249,475, according to numbers compiled 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<p><p>Kent homes sold 45.5 percent faster than October 2012, spending an average of 24 days on the market.<\/p>\n<\/p>\n<p><p>Despite October&#8217;s political and economic uncertainty, home prices and sales remained relatively strong, as falling mortgage rates and reduced competition helped sustain homebuyer demand, according to Redfin, which publishes <a title=\"homes\" href=\"http:\/\/www.redfin.com\/research\/reports\/real-time-price-tracker\/2013\/price-tracker-september-2013.html#.UoqiqWSgk8k\" target=\"_self\">Real-Time Home Price Tracker at redfin.com<\/a>.<\/p>\n<\/p>\n<p><p>Here are the numbers for Kent and a few of its neighboring cities, comparing October 2013 to October 2012:<\/p>\n<\/p>\n<p><p><strong>Kent<\/strong><\/p>\n<\/p>\n<p><p>\u2022 Home prices were up 10.9%. The median home price was $249,475<\/p>\n<\/p>\n<p><p>\u2022 Sales were up 17% with 131 homes sold<\/p>\n<\/p>\n<p><p>\u2022 Homes sold 45.5% faster, spending an average of 24 days on the market<\/p>\n<\/p>\n<p><p><strong>Maple Valley<\/strong><\/p>\n<\/p>\n<p><p>\u2022 Home prices were up 42.1%. The median home price was $385,000<\/p>\n<\/p>\n<p><p>\u2022 Sales were down 36.7% with 31 homes sold.<\/p>\n<\/p>\n<p><p>\u2022 Homes sold 53.3% faster, spending an average of 14 days on the market<\/p>\n<\/p>\n<p><p><strong>Covington<\/strong><\/p>\n<\/p>\n<p><p>\u2022 Home prices were up 47.8%. The median home price was $294,950<\/p>\n<\/p>\n<p><p>\u2022 Sales were down 15.4% with 22 homes sold<\/p>\n<\/p>\n<p><p>\u2022 Homes sold 45.2% faster, spending an average of 20 days on the market<\/p>\n<\/p>\n<p><p><strong>Des Moines<\/strong><\/p>\n<\/p>\n<p><p>\u2022 Home prices were up 18.6%. The median home price was $202,000<\/p>\n<\/p>\n<p><p>\u2022 Sales were up 16.7 with 42 homes sold<\/p>\n<\/p>\n<p><p>\u2022 Homes sold 41.4% slower, spending an average of 41 days on the market<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Homes sales in Kent were up 17 percent and prices up 10.9 percent in October compared to the same month in 2012.<\/p>\n","protected":false},"author":212,"featured_media":19155,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yst_prominent_words":[],"class_list":["post-19154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/19154"}],"collection":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/users\/212"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/comments?post=19154"}],"version-history":[{"count":0,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/19154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media\/19155"}],"wp:attachment":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media?parent=19154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/categories?post=19154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/tags?post=19154"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/yst_prominent_words?post=19154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}