We did see a significant drop in sales for June in the Kansas City area. We’re not discouraged since business the last few weeks has probably made up for the lack of sales. From looking at the activity in our office, I’m optimistic about the rest of July holding steady and showing an increase over June. (Where’s that crystal ball?) Anyway, I did highlight the chart this month to show the large increase in average sales price in the Clay County area. And you can see in the details below, the average price throughout the Kansas City area has continued it’s steady climb.
Clay/Ray County sales were down for the month by 9.0% from 2012. Units were at 344 versus 378 last year. Year to date, unit sales are up 0.7%, with 2,196 units this year versus 2,180 last year.
The average sales price for the month was up 19.4% from last year, with an average price of $170,194. Year to date, the average price is up 8.4%. The average price is $154,802, versus $142,779 last year.
New listings were up 85 units to 621 or 15.9% from last year’s 536 units. Inventory is down 4.0% from last year and is running at 1,994 units. Inventory is up 7 units from last month.
Platte County sales were down for the month by 26.5% from 2012. Units were at 139 versus 189 last year. Year to date, unit sales are up 5.3%, with 968 units this year versus 919 last year.
The average sales price for the month was up 15.2% from last year, with an average price of $228,340. Year to date, the average price is up 5.5% from last year. The average price is $200,269 versus $189,762 last year.
New listings in Platte County were down 8 units to 272 or 2.9% from the 280 units last year. Inventory decreased 8.7% from last year and is running at 895 units. Inventory is up 25 units from last month.
Sales for the entire Heartland area were at 2,347, down for the month by 16.7%, or 470 units. The average price was up 6.7%, and averaging $195,999. Year to date, sales were up 4.5% or 714 units for a total of 16,638 for 2013. The average price for the year is running at $176,867, up 7.9% from 2012’s average of $163,845.