The results are in. Here are the market statistics for Johnson County 1st quarter 2014. The real estate the market can change rapidly so it is good to stay up to date with the current market trends.
|
Key Matrix |
Price |
1 Year Change |
|
|
Median Sales Price |
$198,500 |
-2.3% |
|
|
Average Sales Price |
$253,202 |
+1.5% |
|
|
Homes for Sale |
2,258 |
-6.4 |
|
|
Closed Sales |
1,613 |
-7.8 |
|
|
Month’s Supply of Inventory |
2.8 |
-11.3 |
|
|
Days on Market |
73 |
-12.4 |
|
|
*** Statistics taken from Heartland MLS for 1st Quarter 2014 |
CLICK HERE TO FIND HOMES IN JOHNSON COUNTY
What does this mean for you as a buyer or seller? This shows you that right now the market has changed alot. There are fewer homes on the market and for short lenghts of time. This is driving the averages sales price to go up. This is what we in the real estate busniess consider a sellers market.
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