Clay County, MO February Market Activity

We’re now seeing a steady increase in inventory. Hopefully, we will get this weather under control and be able to show and sell homes any day of the week. As of today’s post, activity has definitely increased, but buyers still need to jump quickly if they find a home they love. We can barely get them on the market before they’re sold. Mind you, I’m not complaining. 🙂
Here’s how last month’s stats stack up:

Clay/Ray Counties
Clay/Ray County sales were down for the month by 28.0% from 2013. Units were at 226 versus 314 last year. Year to date, unit sales are down 17.1%, with 509 units this year versus 614 last year. The average sales price for the month was up 12.8% from last year, with an average price of $158,296. Year to date, the average price is up 14.5%. The average price is $158,296, versus $139,919 last year. New listings were down 35 units to 403 or 8.0% from last year’s 438 units. Inventory is down 1.5% from last year and is running at 1,802 units. Inventory is up 103 units from last month.

Platte County
Platte County sales were down for the month by 8.7% from 2013. Units were at 115 versus 126 last year. Year to date, unit sales are down 6.0%, with 252 units this year versus 268 last year. The average sales price for the month was down 7.1% from last year, with an average price of $175,740. Year to date, the average price is up 11.4% from last year. The average price is $200,718 versus $180,138 last year. New listings in Platte County were down 13 units to 159, down 7.6% from last year’s 172 units. Inventory decreased 4.2% from last year and is running at 739 units. Inventory is down 1 unit from last month.

Heartland
Sales for the entire Heartland area were at 2,140, down for the month by 9.2%, or 217 units. The average price was up 2.8%, and averaging $167,496. Year to date, sales were down 8.4% or 395 units for a total of 4,292 for 2014. The average price for the year is running at $171,246, up 7.7% from 2013’s average of $159,014.

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