Jackson County MO Home Prices and Inventory - Kansas City

By
Real Estate Agent with Chartwell Kansas City Realty SP00229578 2007027091

Jackson County Home Prices and Inventory

Kansas City is located in Jackson County, Missouri (MO).  Other cities within, or partly within, Jackson County include: Independence, Grandview, Oak Grove, Grain Valley, Raytown, Lake Lotawana and Lee's Summit.

For the years 2002 - 2009.

Jackson county Avg Sales Price

Looking at the chart above, we see that the Average Sales Price for all homes sold in Jackson County, Missouri peaked around the year 2005.  I think we all knew this just as we all know that the average home price in zip code 64113 is significantly higher than the average home price in zip code 64030.

Now, take a look at the inventory of homes for sale in Jackson County, Missouri during the same period of time:

Jackson County Inventory

The inventory of homes available for sale peaked about two years after the average sales price peaked.  This is a classic example of supply and demand. 

What will the numbers be for the year 2010?   So far, the inventory is staying at 2009 levels and the average price has not changed significantly but we are only in February of 2010 so we will have to wait 10 more months to see what happens to our home values in Kansas City.

***Please bear in mind that these Average Sales Prices are for every home sold in Jackson County during 2009. The 2008 Census count for people in Jackson County was 668,417.  In Lee's Summit, right now, the average list price is around $250,000; at Lake Lotawana, it's around $525,000; in Armour Hills subdivision, it's around $230,000.   The bank foreclosures are also included in the numbers used to derive average sales price for homes.   The charts above give a good overview of how inventory affects the average home price but in no way indicates the average price for homes in your neighborhood.

Kansas City Real Estate Market Report for Zip Code 64113

In Armour Hills, for example, the average price for the first half of 2009 was $223,000 and $238,000 at the end of 2009. (up 6%)                      Armour Hills Jan-June 2009                Armour Hills all of 2009

All data compiled from Heartland Multiple Listing Service; information is deemed reliable but not guaranteed.

RSS 2.0 Feed for this blog    kansas city shcool infor    Kansas City Area Utilities    Useful Information for KC area residents    Senior Alliance Kansas City 

 ♫ ♪ ♫ ♪ ♫ ♪    don't worry  ♫ ♪  be happy  ♫ ♪ ♫ ♪            google maps prudential kansas city real estate

 the literacy site    the hunger site   petfinder.com and animal rescue   breast cancer site    child health site 

                               Resources for Kansas City Real Estate Transactions:                                        Information about Buying a Home in Kansas City   information about Selling your Kansas City home    Home Search    Customized Home Search   ReStore Habitat for Humanity Kansas City            

Check Maria On:    kansas city realtor maria morton   at mariamorton twitter   kansas city real estate   zillow real estate site 

Prudential Kansas City Realty ♫♪ 435 Nichols Rd 3rd Floor ♫ Kansas City MO 64112

©  2010 Maria Morton 816.560.3758 Kansas City Real Estate blog *Jackson County Home Prices*

 

 

Posted by

Maria Morton,Realtor© Call 816.560.375Eight Mobile.     Google Maria 

  Client Testimonials  ♫  Market Reports  ♪  FAQ's    

*Information obtained from Heartland MLS is deemed reliable but not guaranteed. *This is an eclectic blog combining business with a little humor; please consult a licensed  professional before making life altering decisions. ♪♫  

Maria Morton of Chartwell Kansas City Realty is a licensed Real Estate Agent in KS & MO.  816-877-8200 Office 

4141 Pennsylvania Ave Ste 105 Kansas City, MO 64111   Maria Morton Copyright © 2008-2018 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Missouri Jackson County
Groups:
Posts to Localism
"Whacked"!!!
Market Reports
FREEDOM Office: Professionals Working from Home
Photos
Tags:
kansas city real estate
homes in kansas city mo
kansas city real estate market report
home values in kansas city

Spam prevention
Show All Comments
Rainmaker
643,928
Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty
Leolinda Realty - Surprise, AZ
Sun City Grand in Surprise Arizona

Interesting stats.  It appears that you may be at the bottom and ready for the next up-serge.

Feb 19, 2010 04:17 PM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
637,172

Maria Morton

Kansas City Real Estate 816-560-3758
How much is your home worth?
*
*
*
*
Spam prevention

Additional Information