Kent home prices rise in April 2018

Kent home prices rise in April 2018
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The median sale price of a home sold in April 2018 in Kent rose by $55,500 while total sales decreased by 54.9%, according to BlockShopper.com.

In April 2018, there were 23 homes sold, with a median sale price of $398,500 – a 16.2% increase over the $343,000 median sale price for the same period of the previous year. There were 51 homes sold in Kent in April 2017.

The median sales tax in Kent for the most recent year with available data, 2016, was $3,686, approximately 0.9% of the median home sale price for April 2018.

The following table compares Kent to other King County cities with similar median sales prices in April 2018:

City Apr. 2018 Home Sales Apr. 2017 Home Sales % change (Total Home Sales) Apr. 2018 Median Sales Price Apr. 2017 Median Sales Price % change (Median Sales Price)
Seattle (unincorporated) 17 23 -26.1% $470,000 $375,000 25.3%
Kent (unincorporated) 16 35 -54.3% $464,140 $385,000 20.6%
Des Moines 4 37 -89.2% $435,944 $385,000 13.2%
Auburn (unincorporated) 5 27 -81.5% $435,000 $339,950 28%
Covington 12 27 -55.6% $415,000 $323,000 28.5%
Kent 23 51 -54.9% $398,500 $343,000 16.2%
Federal Way 24 76 -68.4% $386,000 $348,725 10.7%
White Center (unincorporated) 5 18 -72.2% $385,000 $350,000 10%
Black Diamond 1 5 -80% $380,000 $445,000 -14.6%
Enumclaw 6 13 -53.8% $377,500 $320,000 18%
Seatac 9 14 -35.7% $373,500 $323,190 15.6%


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