Is this a good time to sell my Mission, Kansas home and move south? I maybe looking in Louisburg, Spring Hill, and Paola.

Question: Is this a good time to sell my Mission, Kansas home and move south? I maybe looking in Louisburg, Spring Hill, and Paola.
Carol M. from Mission, Kansas


Answer: Currently there are 24 homes that are under contract in Mission, Kansas and there is a 5 months supply of homes for sale in Mission. Generally, this means it is a sellers market. 


After I dug into the recent sales, I have discovered that many of them are distressed homes like short sales and foreclosures. After I remove the current short sales and foreclosures in the list of active homes for sale in Mission, the real estate market is a buyers market.


Whether or not to sell right now, Carol, would depend on the price you would like to get out of your home. I would suggest we do an analysis on your home and preview the interior to give you the best advice available.


Regarding buying a home in the rural areas of Kansas. This is a great time to buy. As fewer buyers buy rural properties due to higher gas prices, rural property prices will drop. This means you should get a great value when purchasing a rural property. 




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