THE INDEXKC- OVERLAND PARK OLATHE SHAWNEE MARKET UPDATE
Weekly KC Metro Market Update
All three of these Johnson County Kansas Cities demonstrate strong “micro markets” as we start to see the market fragment along school district lines.
The net effect is a lot of homes on the market for longer than usual is driving sales prices UP?!
Yes UP! 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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