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Sunday, September 22, 2024

Kent home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Kent rose by $58,950 while total sales increased by 52.4%, according to BlockShopper.com.

In November 2019, there were 32 homes sold, with a median sale price of $433,950 - a 15.7% increase over the $375,000 median sale price for the same period of the previous year. There were 21 homes sold in Kent in November 2018.

The median sales tax in Kent for the most recent year with available data, 2016, was $3,686, approximately 0.8% of the median home sale price for November 2019.

The following table compares Kent to other King County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Baring (unincorporated)20-$452,250$0-
Tukwila25-60%$450,000$312,70043.9%
Black Diamond45-20%$444,997.50$415,0007.2%
Maple Valley241926.3%$444,500$440,0001%
Covington816-50%$441,500$345,00028%
Kent322152.4%$433,950$375,00015.7%
Seattle (unincorporated)201181.8%$423,900$423,0000.2%
Des Moines211275%$420,000$420,0000%
Federal Way423616.7%$419,500$387,5008.3%
Milton12-50%$415,000$373,50011.1%
Seatac9812.5%$414,950$340,50021.9%

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