Kansas City Real Estate Market Update

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Kansas City Real Estate Market Update

Mike D'ArrigoPro Member
Turn key provider · San Jose, CA · Member since 2010 · 4k+ posts · 3k+ votes

                 The Kansas City real estate markets continues to be hot for the first part of 2017.

                                             Median sales price is up 20% in January!

The table below from the Kansas City Board of Realtors shows that demand continues to remain high and inventory low. To see why Kansas City is such a hot market.

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Kevin Fontleroy
Investor · Lee's summit, MO · Member since 2016 · 75 posts · 45 votes
9y

thanks for sharing @Mike...I can tell inventory is low. It's been difficult to find deals...not saying they aren't out there, just tougher to find

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  • Michael Glaser
    Investor · Venice, CA · Member since 2016 · 163 posts · 49 votes
    9y

    WOW

    @Mike D'Arrigo ,

    Where do you pull info like this? I'd love to be able to pull some KCK zips. 

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  • Mike D'ArrigoPro Member
    OP
    Turn key provider · San Jose, CA · Member since 2010 · 4k+ posts · 3k+ votes
    9y

    This is directly from the Kansas City Board of Realtors.

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  • Kevin Fontleroy
    Investor · Lee's summit, MO · Member since 2016 · 75 posts · 45 votes
    9y

    thanks for sharing @Mike...I can tell inventory is low. It's been difficult to find deals...not saying they aren't out there, just tougher to find

    1Reply
  • Andrew SyriosPro Member
    Moderator
    Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
    9y

    Geez that is a huge jump!

    Podcast Guest on Show #121
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  • Mike D'ArrigoPro Member
    OP
    Turn key provider · San Jose, CA · Member since 2010 · 4k+ posts · 3k+ votes
    9y

    @Andrew Syrios It's getting up there with CA!

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  • Marissa Carroll
    Shawnee Mission, KS · Member since 2016 · 62 posts · 25 votes
    9y

    This makes me feel a little better about having a hard time finding deals! :) Although it's not a surprise. I'm amazed at some properties I seeing getting multiple offers above asking. 

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  • Andrew SyriosPro Member
    Moderator
    Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
    9y
    Originally posted by @Mike D'Arrigo:

    @Andrew Syrios It's getting up there with CA!

    I wouldn't get carried away, although I wouldn't mind if that came to pass either.

    Podcast Guest on Show #121
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