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Manhattan, KS Sold Home Market Report- January, 2008

By
Real Estate Agent with Landmark Real Estate

Monthly Manhattan Kansas Real Estate Market Update 

Sold home market report for the month of January, 2008 for homes sold with a Manhattan, Kansas Address categorized by price range(Data Below).  I derived this data from the Manhattan, KS area Multiple Listing Service and this information is limited to only those residential properties entered into the MLS.

Highlights for changes between the month of December, 2007 and January, 2008 periods:

·         New listings with a Manhattan address during the month of January are up 361% over that of the December period

·         Average Sales Price Of Homes Sold is up 2.24% for the month of January over the month of December

·         Average Time On The Market for homes sold during the month of January is up by 74.7% over homes sold During December

Manhattan, Kansas Real Estate Market Report- Sold Homes in January, 2008

 

Residential Houses

Other Residential Property

Average

 

Bedrooms

Bedrooms

Days On

Price Range:

2-

3

4+

Total

2-

3

4+

Total

Market

0 - 29,999

0

0

0

0

0

0

0

0

0

30,000 - 39,999

0

0

0

0

0

0

0

0

0

40,000 - 49,999

0

0

0

0

0

0

0

0

0

50,000 - 59,999

0

0

0

0

0

0

0

0

0

60,000 - 69,999

0

0

0

0

0

0

0

0

0

70,000 - 79,999

0

0

0

0

0

0

0

0

0

80,000 - 89,999

0

0

0

0

1

0

0

1

468

90,000 - 99,999

1

1

0

2

1

0

0

1

278

100,000 - 119,999

3

0

0

3

0

0

0

0

74

120,000 - 139,999

1

2

1

4

0

0

0

0

135

140,000 - 159,999

0

5

1

6

0

0

0

0

77

160,000 - 179,999

0

3

3

6

0

0

0

0

119

180,000 - 199,999

0

3

2

5

0

0

0

0

101

200,000 - 249,999

0

2

1

3

0

0

0

0

401

250,000 - 299,999

0

0

1

1

0

0

0

0

128

300,000 - 399,999

0

0

0

0

0

0

0

0

0

400,000 - 499,999

0

0

0

0

0

0

0

0

0

500,000 - 749,999

0

1

0

1

0

0

0

0

396

750,000 - 999,999

0

0

0

0

0

0

0

0

0

1,000,000 - 1,249,999

0

0

0

0

0

0

0

0

0

1,250,000 - 1,499,999

0

0

0

0

0

0

0

0

0

1,500,000 - 1,999,999

0

0

0

0

0

0

0

0

0

2,000,000 - 2,999,999

0

0

0

0

0

0

0

0

0

3,000,000 - 99,999,999

0

0

0

0

0

0

0

0

0

Totals:

5

17

9

31

2

0

0

2

166

 

 

130

Total New Manhattan Listings During This Time Frame

Manhattan Median Sold Price For Period Sales

$156,500

Manhattan Average Sold Price For Period Sales

$168,338

Manhattan Average Days on Market For Period Sales

166

 

Time on Market Analysis

 

Type of Financing Analysis

For Units Sold

 

For Units Sold

Days

Residential

Other

Total

 

Financing

Residential

Other

Total

0 - 30

4

0

4

 

Cash

2

0

2

31 - 60

3

0

3

 

Conventional

23

2

25

61 - 90

4

0

4

 

FHA

1

0

1

91- 120

8

0

8

 

VA

5

0

5

121+

12

2

14

 

 

 

 

 

 

 

My Other Monthly Manhattan Kansas Real Estate Market Reports:

December, 2007 Manhattan, KS Market Report

November, 2007 Manhattan, KS Market Report

October, 2007 Manhattan, KS Market Report

September, 2007 Manhattan, KS Market Report

August, 2007 Manhattan, KS Market Report

July, 2007 Manhattan, KS Market Report

Manhattan, KS MLS Search and Multiple Listing Service Property Search Tools:

Search The Manhattan, Kansas MLS

Manhattan Kansas Real Estate- Byron Lewis, Realtor, e-PRO, ABR (Landmark Real Estate): Real Estate Agent in Manhattan, Riley County, Kansas
Manhattan Kansas Property Management Homes For Rent
BCL Properties-Manhattan, KS - Manhattan, KS
I can find the link for your Manhattan report for May last year up through January of this year. I can find the year one for 2006 but I can't find the link to the one for all of 2007.
Mar 21, 2008 05:28 PM
Byron Lewis
Landmark Real Estate - Manhattan, KS
Realtor, e-PRO, ABR, CRS, Manhattan Kansas Real Es

Junction City?-  I haven't been posting reports for Junction City.  I will look into doing this though.

Michele-  I don't have a report ready for posting for all of 2007 yet.  I will post one within the next month.  I will e-mail you one that I have ready in PDF

Mar 26, 2008 09:59 AM
George Lambert
Tower Construction - Manhattan, KS
How many new constructions are there that are sitting empty?  I see a few in Manhattan and tons of them in Junction City. 
Mar 28, 2008 04:14 PM
Kelvi Cunningham
ERA High Pointe Realty - Manhattan, KS
Byron- Sounds like you need to get to work on updating the manhattan market reports.  I sitll don't see one for the whole year of 2007 or Febuary's yet.  Get on the ball!  :)
Mar 28, 2008 05:50 PM
Byron Lewis
Landmark Real Estate - Manhattan, KS
Realtor, e-PRO, ABR, CRS, Manhattan Kansas Real Es

George- There were several sitting empty over winter.  Often times builders finish the exteriors of several homes before winter and spend the winter months finishing the interiors.  Now that it is the beginning of spring, we are seeing alot of more of these homes selling.

Kelvi-  The new sold home market reports are coming soon.  They will most likely always be about a month behind to make sure that sold data has been updated to the MLS.  Sometimes listings shown as under contract or pending are actually sold for a couple weeks before the status has been changed by the listing agent/broker. 

Mar 30, 2008 06:18 PM
Kelvi Cunningham
ERA High Pointe Realty - Manhattan, KS
Here is a link to Byron's February 2008 sold houses real estate report:  February Market Report
Apr 10, 2008 10:26 AM
Byron Lewis
Landmark Real Estate - Manhattan, KS
Realtor, e-PRO, ABR, CRS, Manhattan Kansas Real Es
Thanks Kelvi.  I will be placing the future ones to where they can all be found here: http://activerain.com/blogs/byron241/tags/market%20report
Apr 19, 2008 05:39 PM