THE INDEXKC- CLAY COUNTY MISSOURI MARKET UPDATE
Weekly KC Metro Market Update
Clay County is outperforming the metro market with average days on market at 32 days, while the rest of the metro is selling in 51 dyas.
Pending sales aregreater than homes sold for the week, and average sold price is greater than average list values.
The increase in mutiple offers driven by strong buyer demand in the face of higher mortgage rates.
The not so simple driver is the increase in inventory options are encouraging buyers, as mortgage rates stabilized a bit in the face of an increased Fed rate.
Pro Tip….Clay County homes reflect great value with sales prices trending lower than the metro at large. Get to Clay County and enjoy the beauty!
If you’ve got questions regarding the impact of the shift on your search or the value of your home, we’ve got answers! Click the button below and let’s get you the information you need to be successful!
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