Carl Junction Market Update for Q1 2018

By
Real Estate Broker/Owner with Oak Creek Realty Group LLC MO# 1999078273

The market in Carl Junction continues to improve slightly with shortages of inventory in some price segments. One should not take this as an indication that the market is getting hot to the point of seeing large appreciation rates and multiple offer situations like you see happening in other parts of the country however. In fact, while the market has definitely improved, it still hasn’t reached the levels of activity that we saw prior to 2006 and appreciation rates are still very low in general. Upward pressure on house prices have come mostly from new homes, not from existing housing. While absorption rates in Carl Junction have been under 6 months for almost a year now, absorption rates were typically less than 4 -5 months from 2002 into 2006 when the market began to wane. Another statistic to know is that while days on market does move somewhat from month to month the average in Carl Junction for all housing has stayed right around the 120 days mark. What does this mean for you as a home seller? It’s still important for your home to be priced right and for it to be in top condition to compete. If you want to know just how you stack up against the competition, call me today to arrange a Competitive Market Analysis of your property. I’ll look at properties that have sold in your area that are comparable to yours, I’ll look at your potential competition and use that information to tell you how you might expect your property to perform if you went to market with it. I’ll also give you a breakdown on the costs associated with selling your property so you have the information you need to make the best decision for you. And I’ll do this at no cost to you and with no obligation to me. Why? Because I want to earn your business and the best way to earn your business is to show you what I can do for you. Remember that real estate is always local. Information on real estate at a national or regional level may be interesting but rarely applies to your local real estate market. I can show you just how you stack up against your competition. Even the market information shown here is taking all housing stock into consideration. I’ll compare your property to other properties like yours so you have the best possible information at hand to make an informed decision. Call me today at 417-649-6776 or email me at walter@walterhayes.com to set up an appointment today. You can get more information anytime of the day at my website. www.walterhayes.com.

 

CJ Absorption Rate 2002 - 2018 

 

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Walter Hayes

Keller Williams Realty of Southwest Missouri

619 S Florida

Joplin, MO 64801

Office: (417) 623-9900

Walter: (417) 649-6776

Fax: (512) 519-7578

E-Mail: walter@walterhayes.com

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Rainmaker
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Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Walter, great market update for Carl Junction, and nice graphic emphasizing your absorption rate.

Apr 27, 2018 04:04 PM #1
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Rainmaker
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Walter Hayes

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