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The first two quarters of 2016 were promising in terms of real estate transactions. There were 46 in the last year in Kent and 25 sales in the last 180 days. It seems the summer slumber has taken hold as buyer activity is slowing.
There is a small pool of buyers who are serious and will purchase if the right house and value coincide. Generally speaking the buyers are more attracted to homes that are well cared for with little work to be done. The better condition and the newer the upgrades to the house, the easier it is for it to sell.
There is still more property supply...
PLEASE CLICK HERE TO SEE THE MAP.
Dear Neighbor,
We are seeing the path back to a more balanced market. There is a small pool of buyers who are serious and will buy if the right house and value coincide. There is still more property supply than buyer demand, but the number of offerings is being slowly chipped away. Here is our annual real estate report detailing the real estate activity in the last 12 months in Kent and your Bulls Bridge neighborhood.
In the last 12 months there have been 48 residential sales in Kent compared to 39 the previous 12 months.
We saw 9 more sales year-over-years suggesting a...
