Monthly Archives: July 2022
THE INDEXKC- PAOLA LOUISBURG SPRING HILL MARKET UPDATE
THE INDEXKC- PAOLA LOUISBURG SPRING HILL MARKET UPDATE Weekly KC Metro Market Update Paola buyers and sellers, keep an eye on the relationship between average list value ($250,166) and average sold value ($243,714) in Paola. Though 79 average days on market is uncharacteristically long, homes are still gaining equity, at a slower pace. Louisburg and... Read More
THE INDEXKC- MIAMI COUNTY KANSAS MARKET UPDATE
THE INDEXKC- MIAMI COUNTY KANSAS MARKET UPDATE Weekly KANSAS CITY METRO Market Update The INDEXKC is watching the difference between the number of homes sold and listed narrow right along with the difference between the average list and average sell values. Days on market continues to lengthen; Miami County’s 36 days is more then double... Read More
THE INDEXKC- KC METRO MARKET UPDATE
THE INDEXKC- KC METRO MARKET UPDATE Kansas City is the 29th most populated metropolitan area in the US. The scoreboard at Arrowhead Stadium was the first to transmit instant replay. Kansas City has more barbeque restaurants per capita than any other US city. The Country Club Plaza, opened in 1922, was the country’s first suburban... Read More
Great News About Housing Inventory [INFOGRAPHIC]
Great News About Housing Inventory [INFOGRAPHIC] Some Highlights Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added opportunities to find the home of your dreams. Let’s connect so... Read More
THE INDEXKC- LIBERTY GLADSTONE KEARNEY MARKET UPDATE
THE INDEXKC- LIBERTY GLADSTONE KEARNEY MARKET UPDATE Interesting to note that the community furthest from the metro, Kearney, has both the longest Days on Market and highest Average Sales Values. (Normally we’d see the price of fuel impact sales values furthest from the metro more significantly.) Those Days on Market (15) numbers show that Kearney... Read More
THE INDEXKC- CLAY COUNTY MARKET UPDATE
THE INDEXKC- CLAY COUNTY MARKET UPDATE Clay County delivers some of the shortest Days on Market numbers in the metro. Homes are selling quickly, and the gap between Average List Values and Average Sales Values continue to close. Price reductions continue to rise as sellers are reacting to “The Shift”. Wikipedia tells us….Clay County was... Read More
Think Home Prices Are Going To Fall? Think Again
Think Home Prices Are Going To Fall? Think Again Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and... Read More
THE INDEXKC- KC METRO MARKET UPDATE
THE INDEXKC- KC METRO MARKET UPDATE Weekly KC Metro Market Update Weeks ago, we brought the message to the masses; “There is no bubble on the way”, clearly communicating the relationship between supply and demand. You see, as long as demand outpaces supply, prices rise. This week we see the Number of Homes Listed drop... Read More
THE INDEXKC- WYANDOTTE COUNTY KS MARKET UPDATE
THE INDEXKC- WYANDOTTE COUNTY KS MARKET UPDATE Of the 5 major counties in the Kansas City Metro, Wyandotte County delivers some of the most affordable Average Sold Values. Wyandotte is the first county in the metro to deliver more Price Reductions in a week than Homes Listed. That said, Days on Market are strill on... Read More
THE INDEXKC- KANSAS CITY BONNER SPRINGS EDWARDSVILLE MARKET UPDATE
THE INDEXKC- KANSAS CITY BONNER SPRINGS EDWARDSVILLE MARKET UPDATE Weekly KC Metro Market Update As we see inventories start to rise throughout most of the metro, Bonner Springs and Edwardsville see 0 new listings last week, while Kansas City, Kansas delivers 38 new listings. The INDEXKC is shocked to see the the relationship between Bonner... Read More