THE INDEXKC- KANSAS CITY METRO MARKET UPDATE
Weekly KC Metro Market Update
As your Kansas City Realtor, I am thrilled to report that the real estate market in our area is currently experiencing positive growth and activity.
Over the past few months, we have seen an increase in both the number of homes listed and homes sold, which is a good sign of the market’s growth. This means that more sellers are entering the market, providing more options for buyers, and buyers are taking advantage of the opportunities available to them.
Additionally, we have seen a 2% increase in the average sales price, indicating that buyers are willing to pay more for properties in our area. This is likely due to the strong demand for properties and the limited supply, making it a good time for sellers to put their homes on the market.
Furthermore, the average days on the market have decreased by 19%, indicating that properties are selling faster than before. This is a positive sign for sellers as it means that they are likely to sell their homes more quickly, and for buyers, it means that they need to act fast when they find a property they like.
PROP TIP-Work with a reputable real estate agent: A good real estate agent can make all the difference when it comes to selling your home. Look for an experienced and SUCCESSFUL agent who knows the local market and has a proven track record of success. They can help you navigate the process, market your home effectively, negotiate offers, and ensure a smooth closing.
Overall, the current real estate market in Kansas City is in a good place, with positive growth and activity. I encourage both buyers and sellers to take advantage of the opportunities available to them and to work with an experienced real estate agent to navigate the market and make informed decisions.
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