THE INDEXKC- KANSAS CITY METRO MARKET UPDATE
Weekly KC Metro Market Update
Average sales value dipped slightly, losing 10% of their value last week, while days on market decreased 16%, while days on market dropped from 50 to 43 days. Average sales value dropped below average list values.
And crazier still is 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.
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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