Market Stats

Current Real Estate Market Stats

Market Stats Greater KC area Fast Stats – March 2025 Market Highlights Kansas City Metro Area March 25′ vs March 24′ Home sales are down4.9% to 2,707 closed sales. Home prices are up  8.2% to $360,638 average sales price. Home inventory is up  7.1%  to 6,560 total homes available. Home monthly supplies are up  to 2.2 months supply. Average days on the market are up  […]
Market Stats House Hunting Just Got Easier – Here’s Why If you’ve been frustrated by the lack of homes for sale over the past few years, here’s some good news. You have more options, so it may finally be time to kick off your home search again. As Daryl Fairweather, Chief Economist at Redfin, explains: “Now is the best time to buy in the last two […]
Market Stats Things To Avoid After You Apply for a Mortgage Some Highlights Once a lender has reviewed your finances as part of the homebuying process, you want to be as consistent as possible. Don’t make any big changes that could affect your mortgage application. Here are a few tips. Don’t change bank accounts or apply for new credit. And this one may surprise you, don’t buy […]
Market Stats The #1 Thing Sellers Need To Know About Their Asking Price When you put your house on the market, you want to sell it quickly and for the best price possible; that’s generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has grown. The side effect? Price cuts are on the rise, but […]
Market Stats Paused Your Moving Plans? Here’s Why It Might Be Time To Hit Play Again Last year, 70% of buyers abandoned their home search – and maybe you were one of them. It makes sense. Inventory was low, prices were high, and mortgage rates were up and down like a rollercoaster. All of that made it really hard to find a home you loved – and could afford. But guess what? The […]
Market Stats Why Pre-Approval Is More Important Than Ever This Spring Spring is here, and so is the busiest season in real estate. More buyers are out looking for homes, which means more competition for you. If you want to put yourself in the best position to buy, there’s one step you can’t afford to skip, and that’s getting pre-approved for a mortgage. Some buyers think they […]
Market Stats The Best Week To List Your House Is Almost Here – Are You Ready? If selling your house is on your to-do list this year, the time to start prepping is now. That’s because experts say the best week to list your house is coming up fast. A recent Realtor.com study analyzed years of housing market trends (excluding 2020 since it was an outlier) and found that April 13–19 is expected to be the ideal window to […]
Market Stats 4 Things To Expect from the Spring Housing Market Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move. 1. There Are More Homes for Sale After […]
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Market Stats Your Roadmap to Homeownership Some Highlights Buying a home isn’t just a transaction – it’s a journey. And like any great adventure, having a solid roadmap makes all the difference. ​ From building your dream team to getting pre-approved, house hunting, and signing the papers on closing day – each milestone is an achievement. Your journey starts here. Connect […]
Market Stats How Buying or Selling a Home Helps Your Local Economy Whether you’re buying or selling a house, here’s something to think about that most people don’t. Your decision doesn’t just impact your life and your family’s, it sparks a ripple effect that has a positive impact on your entire community. Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying […]
Market Stats Buying Your First Home? It’s Okay To Feel Nervous Buying your first home is exciting, but let’s be real – it can also feel overwhelming. It’s a big step, and with that comes plenty of questions. Am I making the right decision? Can I really afford this right now? Will I be able to make ends meet if I have unexpected repairs? What if […]
Market Stats Greater KC area Fast Stats – February 2025 Market Highlights Kansas City Metro Area February 25′ vs February 24′ Home sales are down🔻3.9% to 2,071 closed sales. Home prices are up ↗️ 5.9% to $349,565 average sales price. Home inventory is up ↗️ 4.9%  to 6,185 total homes available. Home monthly supplies are level ↔️ at 2.0 months supply. Average days on the […]
Market Stats Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.” That’s because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices to fall or […]
Market Stats Do You Know What Your House Is Really Worth? Some Highlights Over the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think. ​ Nationally, prices are up nearly 60% since 2019. ​And, if selling has been on your mind, you can use that bigger-than-expected return to power your next move. If […]
Market Stats More Buyers Are Making Moves — Is It Time To Sell? More people are taking steps to buy a home. And, if you’ve been waiting for the right time to move, this may be the sign you’ve been looking for. For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability challenges, buying just didn’t seem doable. But […]
Market Stats How To Buy a Home Without Waiting for Lower Rates Many people are hoping mortgage rates will come down before they buy a home. But will that actually happen? According to the latest forecasts, experts say rates will decline, but not by as much as a lot of people want. The good news? Even if they don’t drop substantially, there are still ways to make […]
Market Stats Should I Update My House Before I Sell It? Some Highlights With more homes for sale and buyers being more selective, it’s smart to make strategic updates.​ But how do you decide what’s worth doing? ​You lean on an agent. An agent will be able to tell you what buyers want, quick wins that’ll have a big impact, and what projects have the best ROI. What […]
Market Stats Greater KC area Fast Stats – January 2025 Market Highlights Kansas City Metro Area January 25′ vs January 24′ Home sales are up ↗️ 3.0% to 1,965 closed sales. Home prices are up ↗️ 10.0% to $347,583 average sales price. Home inventory up ↗️ 7.3%  to 6,225 total homes available. Home monthly supplies are level ↔️ 0.0% at 2.0 months supply. Average days […]
Market Stats The Real Benefits of Buying a Home This Year Have you been wondering whether you should keep renting or finally make the leap into homeownership? It’s a big decision, and let’s be real — renting can feel like the easier option, especially if buying a home feels out of reach. But here’s the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the long-term […]
Market Stats 3 Reasons To Buy a Home Before Spring Let’s face it — buying a home can feel like a challenge with today’s mortgage rates. You might even be thinking, “Should I just wait until spring when more homes hit the market and rates might be lower?” But here’s the thing, no one knows for sure where mortgage rates will go from here, and […]