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Kent WA Real Estate | Homes that Sold December 2011

During the month of December there were 75 homes (residential excludes condos) that sold in Kent, Washington. These homes all have the city listed as Kent which would include areas of unincorporated King County. Any of the homes out in Covington that are not in the Covington City limits will be reported in the Kent market data. If you would like to see stats for an individual neighborhood just fill out the form below and we can get the information to you. These Kent WA homes actually had a transfer of home ownership. Contracts complete and lender funds available for the home buyer. The seller signed all of their documents and escrow prepared the closing packages for all parties. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the King County courthouse that transferred the property into the new home owner’s name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Kent Washington.

Let’s look at those 75 Kent homes -

Kent WA December Homes Sold 2011

Not a bad time to purchase a home in Kent, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the King County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”

2011 Condo Market Report for Kent, Washington

2011 Condo Market Report for Kent, Washington

Kent real estate was on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends in this 2011 Condo Market Report for Kent, Washington.

I would characterize Kent real estate activity as brisk and picking up based on the experience of the Phil Leng Team. We sold 68 homes this past year, with an average market time of 49 days!

However the overall statistics for Kent are sobering. Look at this graph. The red bar is the number of houses for sale in any given month. The Green bar is the number of houses sold in any given month. Which of these two categories would you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category!


The trend of median sold prices in Kent is slightly lower from this next graph. The median price in this 2011 Market Report Condos for Kent, Washington appears to have gone down 18% through 2011.


In Kent, the number of new properties going for sale every month has seen some movement over the last year. Since a high of 50 in June 2011, the number of properties on the market have been falling. It looks like the trend of new listings every month in this 2011 Condo Market Report for Kent, Washington is down 32%. If you like your house, and do not need to sell it in the next 5-10 years, why put it up for sale? It is just an aggravation for you.


The average Days on Market in Kent, from December 2010 was 122 days to 114 days in 2011.The graph shows a 7% decrease in days on the market. I believe that correlates with the other graphs I have presented. Perhaps folks who have tried to sell for prices the market would not bear have decided to stop trying, and the people who are selling now are serious sellers.

If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Kent, Washington has gone down. The graph shows 75% over the year, however it will not actually be by that much once the properties come on the market this spring. But I believe this is a real trend from this 2011 Condo Market Report for Kent, Washington as those who do not really need to sell simply defer their plans until a later time.



My pitch? If you are a serious seller and need to sell this next year in Kent, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.

All data for this 2011 Market Report for Kent, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.

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2011 Market Report for Kent, Washington

2011 Market Report for Kent, Washington

Kent real estate was talked about at every turn this last year. Whether it was neighbors, or at work, real estate was top of the mind. Now that the year is over we can report activity, averages and trends in this 2011 Market Report for Kent, Washington.

I would characterize Kent real estate activity as brisk and picking up based on the experience of the Phil Leng Team. We sold 68 homes this past year, with an average market time of 49 days!

However the overall statistics for Kent are sobering. Look at this graph. The red bar is the number of houses for sale (and not sold) in any given month. The Green bar is the number of houses that actually sold in any given month. Which of these two categories would you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category!



The trend of median sold prices in Kent is continued to lower from this next graph. The median price in our 2011 Market Report for Kent, Washington went down 5% through 2011. So prices are not plummeting, but they have not started to go up yet, either. We will only know when the turn around happened after it happened.




Perhaps the good news in Kent is that the number of new properties going for sale every month has been dropping over the last year. It looks like the trend of new listings every month in this 2011 Market Report for Kent, Washington is down 25%. If you like your house, and do not need to sell it in the next 5-10 years, why put it up for sale? It is just an aggravation for you.



The average Days on Market in Kent appears to decreasing. I would say that over the years the average days on market dropped. Even though Dec compared to Dec is up 32%, generally speaking it looks to be decreasing. I believe that correlates with the other graphs I have presented. Perhaps folks who have tried to sell for prices the market would not bear have decided to stop trying, and the people who are selling now are serious sellers.


If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Kent Washington has gone down. The graph shows 50% Dec compared to December, and a steady drop over the year. I believe this is a real trend from our 2011 Market Report for Kent, Washington as those who do not really need to sell simply defer their plans until a later time.


My pitch? If you are a serious seller and need to sell this next year in Kent, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.

All data for this 2011 Market Report for Kent, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.

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I love impromptu and a good challenge, and I really enjoy making videos. With changes at work come new and different apps and programs. My toolbox at home doesn't mix and match much with my setup at work. So the challenge I gave myself here was to adapt and to kick something out as fast as possible. I set my timer for 1 hour.

Jill Bell, one of our south King County sales & marketing reps at First American showed up with a Santa hat on that simply cracked me up! I pulled out my trusty Blackberry 8330 and started shooting video as she walked across the parking lot.

I have Windows 7 and Office 2010 at work. I didn't have any video editing software installed so I jumped online to find Movie Maker, Microsoft's free video software. Yeah!, there's a new version so I downloaded it. I love another free app, an audio recording & editing software called Audacity. I use it all the time at home to clean up and edit audio tracks.

I downloaded the few seconds of video I shot of Jill and put it in Movie Maker, then I recorded me whistling 'Santa Claus is coming to town' via my headset with microphone using Audacity. I tweaked the sound a bit and added a little EQ and reverb. All in all, (including the software download & install) I was finished in about 50 minutes.

To me it's like jazz. It's fun to set the timer and to throw yourself into a small project not knowing where it's going. Just shut up and go for it. Let it take you where it will. Have fun, flex your creative muscles and don't worry about the outcome. It is what it is.

Happy Holidays!