Hi, Single family homes in 98031 Kent Washington area, realistic drop in house values what percentage is it?

Dan - O
Dan - O
Home Buyer
Kent, WA

Sat Oct 4 2008, 09:50 - Market Conditions in 98031 - 2 answers
Helpful
 (0)  
Email Alerts
Send to a friend
Save
Report  
Answers (2)
Sean Goddard
Sean Goddard
Agent
98004

Hi Dan,

A pretty good measurement that I know of that appraisers have told me is to look back to 2006 prices. Regardless of the street or neighborhood, find out what the home was worth in 2006 and you will be pretty close.

Kent area is offering some very good opportunities for first time buyers.

Sean

Sat Oct 4 2008, 11:51
Helpful
 (0)
Link to this answer
  Report
Don Dutton
Don Dutton
Agent
Puyallup, WA
FIRST ANSWER

13% drop in median home price since the high recorded in August 2007. Varies by neighborhood and price range.

Sat Oct 4 2008, 10:53
Helpful
 (0)
Link to this answer
  Report

Didn’t find what you were looking for? Ask a question!

Search Advice
e.g., "foreclosure", "short sale", "mortgage"
e.g., "San Francisco, CA", "New York, NY"
SEARCH

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 43
Map these properties
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback