The Changing Market
As you can see closed sales are down 7% year to date. Our days on market have decreased slightly to 42 days in the month of June. Covid-19 has made a difference! Year to Date, days on market during 2020 has been 48 days. We have 1.4 months of homes available overall! We have some of the lowest levels of home inventory! Keep in mind, the affordable price ranges - many homes can receive multiple offers within a day or so!
Rates have dropped and we are at lowest levels in a year and a half. Rates are so affordable many are in the upper 2% range depending on many factors. IE: down pymt, credit scores, financing programs and more!
Know The Market
If the market is booming, you can list your home for higher price and enjoy a maximized profit. If the market is cooling off, then you might miss out on potential buyers by pricing your home too high.
2020 Home Prices were consistently up in most markets across the community! But not at the same levels in 2019. Interest rates had decreased for the summer market! Overall the prices have increased by 4.3% YTD with sales down slighted compared to 2019. Inventory is slowly decreasing this winter - which is normal for the beginning of the year!
Recently - we've gathered the experts information on the Home Price Appreciation Forecast! Nice to see what the experts are projecting for the next few years!Click here for further details! Sign Up For Video Updates
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Work with a Local Expert
When you work with the CindyDTeam, you don't have to worry about knowing the ins and outs of the Kansas City real estate market on your own — we've got you covered. From analyzing market trends to completing neighborhood sold reports, we'll use our years of local experience and professional expertise to help you buy or sell your dream home at an ideal price. If you're ready to get started with your Kansas City real estate journey, don't hesitate to give us a call!
Kansas City Real Estate Market
The Kansas City Area is a great place to call home — so great, in fact, that the population here has been steadily growing over the past two decades and shows no sign of stopping. With the growing popularity in and around the city, the real estate market has been booming, and there's never been a better time than now to invest.
Are you looking to sell or buy in Kansas City? Since the area is constantly growing and changing, staying up-to-date on the latest market trends is a vital part of jumping into real estate. Luckily, you don't have to do all that work by yourself. Take a look at some of the major stats from the state of the market in Kansas City, and let the CindyDTeam help you navigate all of the latest trends.
Sell Your Kansas City Home
Are you ready to sell your Kansas City home for top dollar? Whether it's calculating a detailed and accurate listing price for your home or providing tips for staging to impress, we're here to help. When you list your home with the CindyDTeam, we're dedicated to providing you with a stress-free and successful selling journey. Explore some of the exclusive resources we have to offer, and list your home with us today!
Ready to Get Started?
As experts in the Kansas City real estate market, you can rest easy when you list your home with the CindyDTeam. We'll help you prepare for every step of selling your home, and answer any and every question you may have along the way. Kick off your selling journey on the right foot — give the CindyDTeam a call today.