Independence MO was in an overall Balanced Market during the month of Februaury 2014. However, the price band of the home can have a major impact on how long it will take to sell a home that you may be thinking about listing. Months of inventory means the amount of time you can expect your home to be on the market if no other homes are listed for sale in your price range.
The average overall sales price of a home in Independence MO in February 2014 was $94,242.
The highest home sale was $900,000
The lowest home sale was $7,500
The average DOM (days on market) was 134 days
Price Band | Active Listings | Pending Sales | Sold Listings | Average DOM | Months of Inventory | Type of Market |
$0-$50k | 118 | 29 | 30 | 142 | 3.93 | Seller's Market |
$51K-$100K | 281 | 63 | 48 | 141 | 5.85 | Balanced Market |
$101K-$150K | 145 | 33 | 27 | 122 | 5.37 | Balanced Market |
$151K-$200K | 53 | 7 | 6 | 115 | 8.83 | Extreme Buyer's Market |
$201K-$250K | 23 | 4 | 3 | 99 | 7.67 | Buyer's Market |
$251K-$300K | 16 | 7 | 0 | 293 | 16 | Extreme Buyer's Market |
$300K+ | 16 | 1 | 3 | 162 | 5.33 | Balanced Market |
Overall Market | 648 | 144 | 116 | 134 | 5.59 | Balanced Market |
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