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Friday, November 22, 2024

Home prices increased in Kent during July 2020

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The median sale price of a home sold in July 2020 in Kent rose by $21,750 while total sales increased by 51.7%, according to BlockShopper.com.

In July 2020, there were 44 homes sold, with a median sale price of $453,250 - a 5% increase over the $431,500 median sale price for the same period of the previous year. There were 29 homes sold in Kent in July 2019.

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 July 2020.

The following table compares Kent to other King County cities with similar median sale prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Des Moines251392.3%$511,000$375,00036.3%
Renton4220110%$509,500$437,00016.6%
Milton10-$475,000$0-
White Center (unincorporated)192850%$475,000$412,45015.2%
Burien171241.7%$467,000$545,000-14.3%
Kent442951.7%$453,250$431,5005%
Seattle (unincorporated)251747.1%$450,000$450,0000%
Black Diamond63100%$447,500$397,70012.5%
Tukwila10666.7%$447,500$441,0001.5%
South Federal Way (unincorporated)51400%$440,000$250,00076%
Auburn4220110%$428,500$435,000-1.5%

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