THE INDEXKC- KANSAS CITY BONNER SPRINGS EDWARDSVILLE MARKET UPDATE
Weekly KC Metro Market Update
Cheers to an exciting week in real estate!
Kansas City, Kansas, in particular, has been doing quite well. We’ve seen a good number of homes listed, sold, and pending sales, which is a great sign for both buyers and sellers. The average list and sales values being the same at $210,000 suggest that properties are being priced appropriately, and buyers are willing to pay close to the asking price.
In Bonner Springs, we’ve also seen some positive growth, with 1 home sold and 4 pending sales. The 13-day average days on the market is an excellent sign, indicating that properties are selling quickly in this area.
On the other hand, Edwardsville hasn’t seen much activity in the market, with only one pending sale and no homes sold. But it’s important to remember that the real estate market can vary significantly from one area to another, and trends can change quickly.
PRO TIP-Price your home correctly: Pricing your home correctly is essential to attract the right buyers and sell your home quickly. Work with an experienced real estate agent who can provide you with a comparative market analysis (CMA) and help you determine the right price point based on local market conditions, supply and demand, and other factors.
Overall, it’s a good time for both buyers and sellers in the Kansas City area, but it’s important to keep an eye on market trends and adjust strategies accordingly. Working with an experienced real estate agent can provide valuable insights and guidance throughout the buying or selling process, ensuring that you make informed decisions and achieve your real estate goals. So, if you’re thinking of buying or selling a home, reach out to me or another trusted realtor, and we’ll help you navigate the market.
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