Saturday, October 22, 2016

De Soto, KS Real Estate Market Report - Is it a seller's, buyer's or neutral real estate market?

De Soto, KS Real Estate Market Report

Is it a seller's, buyer's or neutral real estate market?

De Soto, De Soto KS, De Soto Kansas, Desoto, De Soto Real Estate



September 2016 is a Neutral market in De Soto, KS*

Home For Sale in September 2016: 21 units.

0% compared to the last month
Up 31.3% compared to the last year

Home Listed in September 2016: 9 units.

Up 125% compared to the last month
Up 28.6% compared to the last year

Home Closed in September 2016: 7 units.

Down 36.4% compared to the last month
Up 16.7% compared to the last year

Home Placed under Contract in September 2016: 2 units.

Down 60% compared to the last month
Down 71.4% compared to the last year

*Buyer's market: more than 6 months of inventory based on closed sales
 Seller's market: less than 3 months of inventory based on closed sales
 Neutral market: 3 - 6 months of inventory based on closed sales

September 2016 Average Sold Price per Square Footage is Depreciating in De Soto, KS*

Average Sold Price per Square Footage in September 2016:$96 

Down 22% compared to the last month
Down 7.7% compared to the last year

*Based on 6 month trend - Appreciating/Depreciating/Neutral

September 2016 Average Days on Market trend Remains Steady in De Soto, KS*

Average Days on Market in September 2016: 29 
Down 63.3% compared to the last month
Down 62.3% compared to the last year

*Based on 6 month trend - Rising/Falling/Remains Steady

September 2016 is a Neutral market in De Soto, KS*

Months of Inventory based on Closed Sales in September 2016: 3 
Up 57.6% compared to the last month
Up 11.2% compared to the last year

*Buyer's market: more than 6 months of inventory based on closed sales
 Seller's market: less than 3 months of inventory based on closed sales
 Neutral market: 3 - 6 months of inventory based on closed sales



De Soto, De Soto KS, De Soto Kansas, Desoto, De Soto Real Estate