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Saturday, November 23, 2024

Rising home prices in Kent in November 2021

Re 9

The median sale price of a home sold in November 2021 in Kent rose by $25,000 while total sales increased by 113.3%, according to BlockShopper.com.

In November 2021, there were 32 homes sold, with a median sale price of $565,000 - a 4.6% increase over the $540,000 median sale price for the same period of the previous year. There were 15 homes sold in Kent in November 2020.

The median sales tax in Kent for the most recent year with available data, 2016, was $3,686, approximately 0.7% of the median home sale price for November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Burien241560%$598,000$545,9509.5%
Kent (unincorporated)3415126.7%$595,000$480,00024%
Auburn (unincorporated)2411118.2%$587,500$569,3803.2%
Seattle (unincorporated)16977.8%$572,500$470,00021.8%
Federal Way5524129.2%$565,555$446,75026.6%
Kent3215113.3%$565,000$540,0004.6%
Covington2311109.1%$555,000$475,00016.8%
Tukwila880%$550,000$395,50039.1%
North Bend (unincorporated)711-36.4%$550,000$610,000-9.8%
Seatac209122.2%$525,000$477,00010.1%
Des Moines1723-26.1%$510,000$450,00013.3%

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