Kent
MARKET ACTION REPORT
MARKET
County: KentACTION REPORT
County: Kent
February 2016
February 2016
Agent Name
Title
Agent
Phone Name
Title
Website
Other
Phone
Website
Trending versus*:
Other
Community Information
Price Range: All | Properties: SFH - Condo
Price Range: All | Properties: SFH - Condo
Market Profile & Trends Overview
Month
LM
L3M PYM
Trending versus*:
LY
YTD
Prior YTD
Prior Year
Trending versus*:
Trending versus*:
$235,000 2%
Median List Price of all Current Listings
2%
LY
Market
Profile
Overview
Month LM
YTD Prior YTD Prior Year
$414,645
Average List
Price of&
allTrends
Current Listings
1% L3M PYM
-1%
$235,000
Median
List
Price
of
all
Current
Listings
2%
2%
$320,000
$210,000
February Median Sales Price
178% 57% 68% 73%
22%
14%
$414,645
Average
List
Price of
all Current
1% 49% 100%
-1% 63%
$415,591 66%
$320,394
February
Average
Sales
Price Listings
5%
26%
$320,000
$210,000
February
Median Currently
Sales Price
68% 73%
22%
14%
269 178%
Total Properties
for Sale (Inventory)
-1% 57% -13%
$415,591
$320,394
February
Average
Sales
Price
66%
49%
100%
63%
5%
26%
11 -27%
26
February Number of Properties Sold
22%
18%
269
Total
Properties
Currently
Sale (Inventory)
-1%
168 -23%
197
February
Average
Days onfor
Market
(Solds)
2% -13%
26%
5%
24%
23%
11 -27%
26 -17%
February
Number
of Properties
Sold on New Listings)
22% -40%
18%
$103
$160
Asking Price
per Square
Foot (based
-61% -27% -25%
-6%
168 -23%
197 -31%
February
Days
Market
(Solds)
2% 26%
5%
24%
23%
$122
$129
FebruaryAverage
Sold Price
peron
Square
Foot
-7% -17%
77% -12%
-7%
$103
$160
24.5 -61%
21.3
Asking
Price
per Square
Foot
(based on New Listings)
-17%
-6%
February
Month's
Supply
of Inventory
35% -27%
38% -25%
-29% -40%
45%
-26%
26%
$122 -7%
$129 2.6%
93.8%
88.4%
February
Square
77% -12%
-31%
-7%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
.2% -17%
1.9% 3.9%
1.3%
-4.5%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date24.5
| Arrows indicate if Month / YTD values are higher (up), lower (down) or21.3
unchanged (flat)
February
Month's Supply of Inventory
35% 38% -29% 45%
-26%
26%
of Properties
93.8% .2% 1.9% Number
88.4% Sold
February Sale Price vs List Price Ratio
3.9% 1.3%
2.6%
-4.5%3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 35
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
100
Inventory & MSI
14
14
24
22
24
18
11
20
15
21
13
7
15
8
19
23
25
23
19
26
19
25
13
9
21
19
19
31
26
25
27
27
17
27
15
11
155
0
The Median Sales Price in February was $320,000,
up 68.0% from $190,489 in February of 2015 and
Prices
up 178.3% from $115,000 last month. The Average
The Median Sales Price in February was $320,000,
Sales Price in February was $415,591, up 100.0%
up 68.0% from $190,4