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Housing Market Update - August 2024 - Johnson County, KS
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August soaked up the last bit of summer we had before heading back to school!
Here is your housing market update for Johnson County, KS for August 2024:
Closed Sales: 787 -4.7%
Average Sales Price: $540,597, +3.2%
Median Sales Price: $447,000, +1.6%
Days On Market: 34, +17.2%
What does all this mean?
✅ Home prices again are flat month over month.
✅ Homes are taking about 5 days longer to sell.
✅ Rates have dropped almost 1.25% since April, while sales may be down a bit, that won't last for long!
Source: KCRAR
#KansasCity #JohnsonCounty #RealEstate #MortgageBroker #HomeBuyers
#HomePrices
Here is your housing market update for Johnson County, KS for August 2024:
Closed Sales: 787 -4.7%
Average Sales Price: $540,597, +3.2%
Median Sales Price: $447,000, +1.6%
Days On Market: 34, +17.2%
What does all this mean?
✅ Home prices again are flat month over month.
✅ Homes are taking about 5 days longer to sell.
✅ Rates have dropped almost 1.25% since April, while sales may be down a bit, that won't last for long!
Source: KCRAR
#KansasCity #JohnsonCounty #RealEstate #MortgageBroker #HomeBuyers
#HomePrices
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