THE INDEXKC- PAOLA LOUISBURG SRPINGHILL UPDATE
Weekly KC Metro Market Update
Seller market? Buyer market? A little of both? Let’s sort that out quickly!
Southern Johnson County Kansas buyers have found the sweet spot for country living just minutes from the big city. Homes are still selling as quickly as they arelisted, though we are seeing price reductions, as shown in the graphic below. Make no mistake, waiting for the competitive spring market will brings the moans and wails on multiple offers back to the average buyer experience.
Sellers you are still seeing an opportunity to capture equity with your sale; keep in mind the best prepared hpmes will sell more quickly (and for more money) than comparative homes less well prepared. Sales values haven’t moved appreciably….and the fewer offers are closing right on time, making it easier for you (sellers) to find your next home!
FUN PAOLA FACTS!
Paola is the county seat for Miami County. At first the county was named Lykins County after Dr. David Lykins, the first white settler and a member of the Territorial Council. Lykins came from Vigo County, Indiana in 1844. Lykins, a Baptist missionary, started an Indian school one mile east of Paola in 1848. He continued the school until the onset of the Civil War. Before Lykins, other missionaries worked in the area. They were Fr. De la Crox and Fr. Hoecken followed by Fr. Paul M. Ponziglione. Father Paul M. Ponziglione, an Italian Priest, move to the area in 1851, and he is given credit for naming Paola.
A consensus developed that he named Paola after a town on the western coast of Italy. The Peoria Indians who greatly respected the priest, continued to call the area Paola. (cityofpaola.com)
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!