Although the Kansas City real estate market is a strong buyers market, the market has been trending toward a sellers market. Although the market is not a sellers market currently, with an increase of sales and a reduction of real estate inventory, the market could change to a sellers market in the next couple months.
A sellers market is considered a real estate market that the supply of real estate inventory for sale is less than a 6 months supply. A Buyers market is a real estate market that is considered to have more than a 6 months supply of real estate inventory.
Currently there is a 6.6 months supply of resale homes for sale. This is much lower than the 9+ supply of real estate inventory for sale this past summer.
RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?
Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty
Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!
Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
0 Comments
Thank You for commenting on our Blogger blog, http://OnlineKansasCity.Blogspot.com!
Just an FYI: Spam will not be published.