• Kent County real estate market trending upward

  • Things are looking up in the Kent County real estate market.
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    By Antonio Prado, Staff Writer
    Updated Oct. 31, 2012 @ 6:38 am
    • FACT BOX
      KENT COUNTY REAL ESTATE THIRD QUARTER FIGURES
      Avg Sale Price to original list price, 92.9 percent

      Inventory, down 18.4 percent over same time last year

      Closed homes are up 11.4 percent over same time as last year

      Monthly s...
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      KENT COUNTY REAL ESTATE THIRD QUARTER FIGURES
      Avg Sale Price to original list price, 92.9 percent

      Inventory, down 18.4 percent over same time last year

      Closed homes are up 11.4 percent over same time as last year

      Monthly supply is down 34 percent over same time as last year

      Median sales price has 0 percent change from same time as last year

      Inventory has decreased every single month since Sept. 2009 in Kent County

      YTD closed sales is up 21.5 percent

      YTD dollar volume is up 20 percent

      TYD pending sales are up 58 percent

      Average days on the market is down 4 percent

      Source: The local Multiple Listing Service (MLS).
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