Market Updates

Feb. 11, 2021

Guesstimates = Not Good Enough

According to the Z word, prices have decreased in 64093 by 0.2% over the past 12 months and the typical “Zestimate” for 64093 is $196,057. That information is misleading. Don’t fall for algorithms trying to substitute guesstimates for real market stats, eyes-on analysis, and professional judgment.

These are ...

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Posted in Market Updates
Feb. 9, 2021

December 2020 Market Update

December 2020 market report shows inventory and supply remain at historically low levels, half of where they were in 2019, driving prices higher as demand remains steady and low interest rates provide a tailwind. Translation: Buyers are having to move fast and compete with multiple offers on good properties. Sellers ...

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Posted in Market Updates
Dec. 10, 2020

November 2020 Market Update

November 2020 put up record numbers in this cycle of the real estate market for lowest inventory and supply and highest median sales price. Contact us to learn more and how to best position yourself as a buyer or seller in these market conditions.

Johnson County Mo Market Report November 2020

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Posted in Market Updates
Nov. 18, 2020

October 2020 Local Market Update

-59.38%? -43.75%? The local real estate market is putting up some crazy numbers right now. How does this impact you?

Sellers have the upper hand. Inventory is low, while demand remains steady. As a result, prices are increasing and good properties are selling quickly.

Buyers need to be ...

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Posted in Market Updates
Aug. 12, 2020

July 2020 Johnson County MO Market Update

KCRAR/HMLS just released its market reports for July 2020 and the trends observed last month, and for much of the year, have continued. A couple of numbers stand out for me.

First, Inventory is at 118. That is 118 homes for sale in Johnson County, Missouri. That is an ...

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Posted in Market Updates
July 17, 2020

June 2020 Johnson County MO Market Update

KCRAR/HMLS just release its Market Report for real estate sales in the Kansas City area during June of 2020 and the numbers are atypical for a few reasons.

First, looking at Johnson County, Missouri home sales, we see 86 closed sales compared to 82 in June of 2019. This ...

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Posted in Market Updates
June 10, 2020

May 2020 Johnson County MO Market Update

Here is the coronavirus shutdown edition of the Real Estate Market Update for May of 2020 from KCRAR/HMLS. The numbers show a drastic 43.4% decrease in the number of closed sales, yet prices were up year over year. We had several customers whose transactions were delayed due to ...

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Posted in Market Updates
Feb. 26, 2020

January 2020 Johnson County Real Estate Market Update

We've been sharing market update reports monthly for Johnson County, Missouri for the last year or two on our Facebook page. Let's face it, they were boring. You may not have even noticed. So we decided to switch things up a bit. Let us know what you think ...

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July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

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Posted in Market Updates