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Evergreen Reporter

Wednesday, December 25, 2024

February 2021: Home prices in Kent fell

Realestate3

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Adobe Stock

The median sale price of a home sold in February 2021 in Kent fell by $31,250 while total sales increased by 93.8%, according to BlockShopper.com.

In February 2021, there were 31 homes sold, with a median sale price of $490,000 - a 6% decrease over the $521,250 median sale price for the same period of the previous year. There were 16 homes sold in Kent in February 2020.

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 February 2021.

The following table compares Kent to other King County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
White Center (unincorporated)111010%$530,000$446,90018.6%
Snoqualmie (unincorporated)30-$530,000$0-
Seattle (unincorporated)67-14.3%$522,500$455,00014.8%
Burien14140%$516,000$402,50028.2%
Kent (unincorporated)17170%$495,000$471,0005.1%
Kent311693.8%$490,000$521,250-6%
Covington151315.4%$489,500$430,00013.8%
Auburn (unincorporated)79-22.2%$477,000$415,00014.9%
Federal Way402653.8%$475,000$442,5007.3%
Seatac11683.3%$467,500$350,672.7533.3%
South Federal Way (unincorporated)5425%$460,000$390,00017.9%

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