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Mission Hills Kansas, suburban Kansas City, Real Estate Market Update June 28th, 2009

By
Real Estate Agent with Prime Development Land CO LLC

Mission Hills is a small, select, beautiful and sought after suburb of Kansas City with quite a variety of homes for sale. The low supply homes available in Mission Hills couple with its incredible desireability drive up the market value. Think of it as the La Jolla of Kansas but without the ocean. Let's break down the Mission Hills real estate market by price range

Mission Hills homes start at just over $400,000 and go up to $6.7MM

How many homes are for sale in Mission Hills for $750,000 or less

As of June 28th, 2009 there are 17 homes listed for sale in Mission Hills Kansas, suburban Kansas City in Johnson County listed at $750,000 or under.. Since January 1st, 2009 15 homes have sold in Mission Hills, KS in the $750,000 price range and under.

How many homes are for sale in Mission Hills from $750,000 to $1,000,000?

As of June 28th, 2009 there are 18 homes listed for sale in Mission Hills Kansas, suburban Kansas City in Johnson County listed for sale between $750,000 to $1,000,000. Since January 1st, 2009 8 homes have sold in Mission Hills, KS between $750,000 to $1,000,000. A buyers market, but don't underestimate the draw of Mission Hills.

 

How many homes are for sale in Mission Hills for $1,000,000 to $1,5000,000?

As of June 28th, 2009 there are 15 homes listed for sale in Mission Hills Kansas, suburban Kansas City in Johnson County listed at $1,000,000 to $1,500,000. Since January 1st, 2009 5 homes have sold in Mission Hills, KS at the $1,000,000 to $1,500,000 price point. Again a buyer's market.

How many homes are for sale in Mission Hills for $1,500,000+

As of June 28th, 2009 there are 18 homes listed for sale in Mission Hills Kansas, suburban Kansas City in Johnson County listed at $1,500,000 or greater. Since January 1st, 2009 4 homes have sold in Mission Hills, KS at the $1,500,000 or greater price point. Buyers market, but these are, again, unique homes in a unique setting.

How much is my Mission Hills home worth?

The trend is picking up as far as sales volume. Credit is getting slighly easier to obtain although it will not return, at least anytime soon, to the easy credit access of 2003-2005. Those days are long gone.

Buyers are very interested in the $8,000 tax credit which is spurring interest in the market. This seems to be especially true for the under $250,000 price range.

In General, interest rates are at or near generational lows, assuming you have good credit. Now is a great time to buy, while activity is starting up and there is time to get your low low low interest rate locked in.

How much is your home worth?

Contact information has been updated below

Make the smart move. Contact me.

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