Category Archives: Liberty

Image

Kansas City Real Estate Market Activity, September

18 Friday Oct 2013

Tags

, , , ,

Kansas City Real Estate Market Activity, September

As discussed last month, Kansas City has become a very level housing market. In my opinion, the leverage in a transaction belongs only to the person that’s least motivated. For example, if a buyer has to have a home purchased within a certain time frame, the seller will have the advantage. The same thing can be said for a seller that has to unload a property. This is where agents need to recognize the hot buttons for their clients and also pay close attention to any hot buttons from the other party. Our negotiating skills will be put to the test along with our fabulous listening skills. Sales ARE still happening, but because sales have slowed down, we will see some discouraged sellers taking their homes off the market for the holidays. Buyers need to be aware of this and try not to hesitate when they find one they love.

Clay/Ray Counties
Clay/Ray County sales were down for the month by 4.1% from 2012. Units were at 256 versus 267 last year. Year to date, unit sales are up 6.7%, with 3,334 units this year versus 3,124 last year.
The average sales price for the month was up 10.1% from last year, with an average price of $160,875. Year to date, the average price is up 9.4%. The average price is $159,340, versus $145,722 last year.
New listings were up 89 units to 523 or 20.5% from last year’s 434 units. Inventory is down 0.9% from last year and is running at 2,015 units. Inventory is up 18 units from last month.

Platte County
Platte County sales were down for the month by 9.1% from 2012. Units were at 110 versus 121 last year. Year to date, unit sales are up 6.6%, with 1,441 units this year versus 1,352 last year.
The average sales price for the month was down 10.7% from last year, with an average price of $193,321. Year to date, the average price is up 6.5% from last year. The average price is $204,275 versus $191,834 last year.
New listings in Platte County were down 6 units to 207 or 2.8% from the 213 units last year. Inventory decreased 6.9% from last year and is running at 885 units. Inventory is up 25 units from last month.

Heartland
Adjusted Sales* for the entire Heartland area were at 2,311, up for the month by 5.3%, or 116 units. The average price was up 7.9%, and averaging $183,559. Year to date, sales were up 9.7% or 2,263 units for a total of 25,550 for 2013. The average price for the year is running at $182,483, up 9.4% from 2012’s average of $166,832.

Posted by | Filed under Home Buyer Advice, Home Seller Advice, Kansas City Market Stats, Liberty, MO

≈ Leave a comment

Knowing How To Price

13 Sunday Oct 2013

Posted by in Home Seller Advice, Liberty, MO, Real Estate Career Advice

≈ Leave a comment

There’s a ton of pricing theories in our real estate world. I would encourage you to have the discussion below before your home is listed on the internet or before your next price reduction. The simple truth is, getting your home sold quicker could be as simple as a couple of rounded numbers.

This is a portion of my blog post featured on Better Homes & Gardens Real Estate Clean Slate blog. 

Today, a buyer could search from $200,000-$230,000 or from $230,000 to $250,000 (especially if it’s a pre-populated drop-down list).

Notice any similarities in the above example? $230,000 appears twice.

Online marketing isn’t new and it isn’t all about photos. As a listing agent, it’s important to regularly reinforce our value by doing everything we can to properly price a home for both offline and online marketing to ensure we get the most buyers’ eyes on the listing.

In some instances, this could mean moving the price to a rounder number in order to double the views.

 

Image

Clay County Real Estate Market Activity

17 Tuesday Sep 2013

Tags

Clay County Real Estate Market Activity

What’s not showing on the chart? Absorption rate. In the Northland (Clay and Platte Counties) the absorption rate is running at a very level 6.4 months. We’ve seen some great inventory coming on and the sales have slowed down a little. Buyers are taking a bit more time with their decisions, as are sellers. This tug of war style of negotiating will likely continue if the absorption rate stays put.

Clay/Ray Counties
Clay/Ray County sales were down for the month by 2.5% from 2012. Units were at 312 versus 320 last year. Year to date, unit sales are up 5.4%, with 3,011 units this year versus 2,858 last year.
The average sales price for the month was up 10.6% from last year, with an average price of $170,876. Year to date, the average price is up 9.2%. The average price is $159,108, versus $145,680 last year.
New listings were up 42 units to 571 or 7.9% from last year’s 529 units. Inventory is down 3.2% from last year and is running at 1,997 units. Inventory is down 9 units from last month.

Platte County
Platte County sales were down for the month by 11.7% from 2012. Units were at 135 versus 153 last year. Year to date, unit sales are up 6.5%, with 1,312 units this year versus 1,232 last year.
The average sales price for the month was up 14.4% from last year, with an average price of $227,906. Year to date, the average price is up 8.7% from last year. The average price is $205,350 versus $188,894 last year.
New listings in Platte County were up 5 units to 223 or 2.3% from the 218 units last year. Inventory decreased 9.0% from last year and is running at 860 units. Inventory is down 20 units from last month.

Heartland
Adjusted Sales* for the entire Heartland area were at 2,720, up for the month by 7.1%, or 181 units. The average price was up 10.5%, and averaging $191,574. Year to date, sales were up 9.8% or 2,077 units for a total of 23,175 for 2013. The average price for the year is running at $182,336, up 9.5% from 2012’s average of $166,453.

Posted by | Filed under Home Buyer Advice, Home Seller Advice, Kansas City Market Stats, Liberty, MO

≈ Leave a comment

Image

July 2013 Kansas City Real Estate Market Activity

16 Friday Aug 2013

Tags

July 2013 Kansas City Real Estate Market Activity

For my office, July was our busiest month so far this year. Overall sales were down, but sales price stayed on the rise and inventory has increased. (We’re really bringing in some great listings for our fall buyers.)

Clay/Ray Counties
Clay/Ray County sales were down for the month by 5.9% from 2012. Units were at 338 versus 359 last year. Year to date, unit sales are up 3.5%, with 2,627 units this year versus 2,538 last year.
The average sales price for the month was up 7.8% from last year, with an average price of $162,987. Year to date, the average price is up 8.8%. The average price is $156,768, versus $144,126 last year.
New listings were up 78 units to 6121 or 14.6% from last year’s 533 units. Inventory is down 4.0% from last year and is running at 2,006 units. Inventory is up 12 units from last month.

Platte County
Platte County sales were down for the month by 3.8% from 2012. Units were at 154 versus 160 last year. Year to date, unit sales are up 7.1%, with 1,156 units this year versus 1,079 last year.
The average sales price for the month was up 20.3% from last year, with an average price of $208,297. Year to date, the average price is up 7.8% from last year. The average price is $201,717 versus $187,105 last year.
New listings in Platte County were up 22 units to 256 or 9.4% from the 234 units last year. Inventory decreased 9.0% from last year and is running at 880 units. Inventory is down 15 units from last month.

Heartland
Sales for the entire Heartland area were at 2,472, down for the month by 6.4%, or 170 units. The average price was up 14.6%, and averaging $197,335. Year to date, sales were up 7.0% or 1,304 units for a total of 19,866 for 2013. The average price for the year is running at $180,730, up 9.4% from 2012’s average of $165,242.

Posted by | Filed under Home Buyer Advice, Home Seller Advice, Kansas City Market Stats, Liberty, MO

≈ Leave a comment

Image

Kansas City Real Estate Statistics for June 2013

16 Tuesday Jul 2013

Tags

Kansas City Real Estate Statistics for June 2013

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 Counties
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
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.

Heartland
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.

Posted by | Filed under Kansas City Market Stats, Liberty, MO, Moving

≈ Leave a comment

Image

KC Real Estate Market Activity

19 Wednesday Jun 2013

Tags

, , ,

KC Real Estate Market Activity

We’ve been seeing a few more listings coming on the market, which is a great thing for those buyers that haven’t been able to find ‘the one’. They’ll have a little more to choose from if they leap quickly. I’d also like to point out, from the chart, the steady increase in prices. Not all appraisals are catching up with what a buyer is willing to pay, but it is starting to get better. Overall, the market is strong in the Northland.

Clay/Ray Counties
Clay/Ray County sales were down for the month by 8.9% from 2012. Units were at 357 versus 392 last year. Year to date, unit sales are down 1.8%, with 1,770 units this year versus 1,802 last year. The average sales price for the month was up 4.1% from last year, with an average price of $164,584. Year to date, the average price is up 5.6%. The average price is $150,777, versus $142,828 last year. New listings were up 39 units to 631 or 6.6% from last year’s 592 units. Inventory is down 7.1% from last year and is running at 1,987 units. Inventory is up 45 units from last month.

Platte County
Platte County sales were up for the month by 3.1% from 2012. Units were at 163 versus 158 last year. Year to date, unit sales are up 8.1%, with 788 units this year versus 729 last year. The average sales price for the month was down 4.0% from last year, with an average price of $200,825. Year to date, the average price is up 2.5% from last year. The average price is $191,938 versus $187,353 last year. New listings in Platte County were up 43 units to 284 or 17.8% from the 241 units last year. Inventory decreased 12.0% from last year and is running at 870 units. Inventory is up 31 units from last month.

Heartland
Sales for the entire Heartland area were at 2,688, down for the month by 7.6%, or 221 units. The average price was up 11.8%, and averaging $191,008. Year to date, sales were up 3.9% or 514 units for a total of 13,627 for 2013. The average price for the year is running at $171,784, up 8.3% from 2012’s average of $158,547.

Posted by | Filed under Home Buyer Advice, Home Seller Advice, Kansas City Market Stats, Liberty, MO, Moving

≈ Leave a comment

The Liberty Arts Squared Festival

03 Monday Jun 2013

Posted by in Liberty, MO

≈ Leave a comment

Liberty arts squared crew

Patrick McDowell, Joanna Williams, Gina Galloway and her daughter
Better Homes & Gardens Real Estate Kansas City Homes

You know me, when someone says they need volunteers, I’m one of the first to jump. Friday night, our office had the opportunity to volunteer with Historic Downtown Liberty, Inc.  for an evening of fun on the square—Liberty Arts Squared.

In it’s third year, this festival was hoping to attract more than 18,000 visitors. My job was to hang out (on the corner) and count fresh faces coming into the festival. This really gave me the best opportunity to interact with the crowd and friends as they walked in. Plus, I was on the corner with the band, The Crayons–BONUS!

liberty arts squared dancing

The Crayons

I also had the opportunity to walk through approximately 50 vendor booths and interact with the artists. There was so much talent on the square this weekend! Vendor booths included paintings, drawings, jewelry, pottery, glass work and so much more. Shhh…I also enjoyed a cool glass of wine from Cork & Brew, a restaurant on the square, while I was taking in the sights.  As of today, I’m not sure what the final count was for the weekend, but I was really pleased with the crowd since this festival is still in it’s infancy. I’m hoping our consumer survey during the event will enhance their targeted marketing efforts next year and this festival will continue to grow!

Liberty Arts Sqared crowd

Dusk falling on the crowd enjoying the band