Kent Housing Market – July 2025 Update for Sellers
If you’ve been wondering whether it’s still a good time to sell in Kent, the answer is yes — but it’s not the same game it was a year ago.
We’re still in seller’s market territory, but there are a few big shifts worth paying attention to before you put that “For Sale” sign in the yard.
A Lot More Homes to Choose From
Last July, buyers didn’t have much to pick from — only 123 single-family resale homes were on the market. This July? 189 homes. That’s a 53.7% jump from last year and nearly 14% more than just last month.
What that means for you: the days of buyers fighting over anything that’s listed are fading. There’s more competition, so pricing, presentation, and marketing matter more than they have in the past few years.
Sales Are Slower, But Good Homes Still Move
Only 67 homes closed in July — down about 15% from last year and 11% from June. Pendings were slightly higher than June (69 vs. 68), but still below 2024 levels.
This slowdown doesn’t mean buyers are gone. They’re just taking their time, comparing options, and being choosier about making offers.
The homes that do sell quickly? They’re the ones that look great online, are priced right from day one, and are move-in ready.
Prices Holding Strong — Even Climbing Month-to-Month
Here’s the good news for sellers: prices haven’t taken a hit.
- Median sold price: $690,000 — up 7.8% from June and 2.5% from last July.
- Average sold price: $714,000 — up 6.7% month-over-month and 8.5% year-over-year.
The average price per square foot was $352 — exactly the same as last year, and only slightly under June’s number.
Bottom line: even with more competition, the market is still supporting strong values.
Homes Are Taking a Bit Longer to Sell
The average time on market in July was 20 days, up from 17 in June. Continuous days on market (CDOM) was 19, which is flat compared to last year.
That might not sound like much, but those first two weeks are still your golden window. If you get an offer in that period, it’s often your best shot at a solid price. Waiting around hoping for “the big one” can backfire if more listings pop up around you.
More Supply = A Softer Seller’s Market
We still have less than three months of inventory (2.8 months based on closed sales), which technically keeps us in a seller’s market. But inventory is climbing — up 77% from last year.
The absorption rate (how fast homes are selling compared to how many are available) dropped to 35.4%, down sharply from both last month and last year. That means homes are still moving, just at a slower clip.
If You’re Selling Now, Here’s How to Win
- Don’t Overprice — Even a Little
The market will still pay you well, but it’s not forgiving overpricing the way it used to. Aim to be the best value in your price range, not the “wishful thinking” listing. - Dial in the Presentation
Staging, clean windows, fresh paint, and good lighting photos can be the difference between 2 showings a week and 10. - Make the First Impression Count
Most buyers decide within seconds of seeing your listing online whether they’ll schedule a showing. Your photo lineup and description matter. - Expect Negotiation
Most homes are still selling within 1% of their list price, but buyers might ask for repairs or small concessions. Decide in advance what you’re willing to do to keep a deal together.
Check out out home selling resource Secrets to Getting the Highest Price for Your House
