1. Average existing home sale price was $184,739, 7% higher than June 2012.
2. All metro counties experienced an increase in average sale price EXCEPT Johnson County, Kansas and Cass County, Missouri.
3. The number of existing homes sold was 2,719, a 10% increase over 1 year earlier.
4. Existing home inventory was 8 percent lower than in June 2012, representing a 5.7 months supply, which is considered a balanced (0 comments)
realtors: So, How IS the Market In Kansas City?
- 07/08/13 01:27 AM
We at The GreatLife Team of KC love talking real estate, with the question we get most often being: ‘So, how’s the market?’ And, the bottom line is that it always depends on WHERE you are talking about--you know, that location, location, location thing. But, having said that, there are certainly some national and local trends worth highlighting and comparing, and, recently, The National Association of Realtors did just that, analyzing 2013 first-quarter numbers for the Kansas City area, and, comparing them to national averages and market trends. Here’s some highlights of what the NAR came up with for residential real estate (0 comments)