Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for Northland Kansas City
Recent 15 Days of Northland Kansas City Market Activity
Including: homes in the North Kansas City, Liberty & Parkhill School Districts
Using the past 15 days of market stats in the chart below, we can figure the absorption rate for the Northland Kansas City area to be 12.5 months of inventory. Looking at absorption rates helps us compare the supply and demand of real estate in the northland Kansas City area. These market stats include all home communities that are served by the North Kansas City School District, Liberty School District and the Parkhill School District. Having more than a year of inventory is high, but the low number of closed sales the past month can be partly attributed to the time of year and the inclement weather we’ve seen recently.
Type |
# |
Average $ |
Avg DOM |
Listings Past 15 Days |
304 |
$191,766 |
– |
Total Active Listings |
1,833 |
– |
– |
Newest Contracts Written |
184 |
$171,750 | 96 |
Newest Sold (Closed) |
73 |
$153,046 | 119 |
* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.
The number of homes that went under contract was impressive and more than double the number of homes that closed over the same 15-day period. If we used the number of homes that went under contract (assuming they’d all make it to closing), the absorption rate would be a much-improved 4.9 months of inventory in the northland Kansas City area. If you’re considering selling or buying a home in Kansas City, North Kansas City, Liberty, Gladstone or Parkville, please contact us for assistance. We’ll get you the market stats specific to the subdivisions that most interest you and we look forward to assisting you with your home sale or purchase.
View Past Real Estate Stats On Northland Kansas City
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Seller’s Agents In Northland Kansas City
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Northland Kansas City Tip…
The Northland is also known as “North of The River” & “North KC”
Posted by Jason A. Brown