While no one can predict the future with certainty, most experts expect to see modest growth in the U.S. housing market for the remainder of this year and next. Inventory will remain tight, mortgage rates will continue to creep up, and affordability will remain a major issue in many parts of the country. So what does that mean for home buyers … [Read more...] about “How’s the Market?” What’s Ahead for Real Estate
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June 2017 Market Report | Kansas City + Johnson County
June 2017 Market Report - Johnson County Percentage of Original List Price Received for Johnson County, KS for this month was 99.6% — up .6% compared to June 2016. Inventory of homes in the County are down 13.4% and there were 1,284 pending sales recorded for the month. Johnson County key metrics: Closed Sales - 1,294 Average … [Read more...] about June 2017 Market Report | Kansas City + Johnson County
March 2017 Market Report | Kansas City + Johnson County
March 2017 Market Report - Johnson County Percentage of Original List Price Received for Johnson County, KS for this month was 98.5% — up .9% compared to March 2016. Inventory of homes in the County are down 11.9% and there were 1,146 pending sales recorded. Johnson County key metrics: Closed Sales - 878 Average Sales Price - … [Read more...] about March 2017 Market Report | Kansas City + Johnson County
February 2017 Market Report | Kansas City + Johnson County
February 2017 Market Report - Johnson County With the fact that, the supply of homes is down over 22% and the average sales price is up almost 10%, February continues to be a seller's market in Johnson County. Defined as "a market condition characterized by a shortage of goods available for sale", a seller's market is simply one in which there … [Read more...] about February 2017 Market Report | Kansas City + Johnson County
January 2017 Market Report | Kansas City + Johnson County
January 2017 Market Report - Johnson County We are off to a great start to 2017! In Johnson County, supply and inventory are down compared to January last year. This has driven the average and median sales prices up almost 20%. With a 14% drop in days on market, now is the perfect time to sell your house quickly and for a higher price. — with … [Read more...] about January 2017 Market Report | Kansas City + Johnson County
December 2016 Market Report
Kansas City Real Estate Statistics at a Glance December 2016 Market Report Johnson County Real Estate Stats for December 2016: The average sales price for Johnson County for the month of December 2016 was $301,304—up 3.6% from this time last year. Average Days on Market Until Sale: 52 Percentage of Original List Price Received: 97.1% … [Read more...] about December 2016 Market Report
November 2016 Market Report
Kansas City Real Estate Statistics at a Glance November 2016 Market Report Johnson County Real Estate Stats for November 2016: The average sales price for Johnson County year-to-date thru November 2016 was $307,324—up 7% from this time last year. Average Days on Market Until Sale: 51 Percentage of Original List Price Received: … [Read more...] about November 2016 Market Report