Tuesday, October 18, 2016

Edgerton, KS Real Estate market Report - Is it a buyer's or seller's real estate market?

Edgerton, KS Real Estate market Report

Edgerton, Edgerton KS, Edgeron Kansas, Edgerton real estate



September 2016 is a Seller's market in Edgerton*

Home For Sale in September 2016: 13 units.

Down 23.5% compared to the last month
Down 38.1% compared to the last year

Home Listed in September 2016: 3 units.
Down 57.1% compared to the last month
Down 40% compared to the last year

Home Closed in September 2016: 6 units.
0% compared to the last month
0% compared to the last year

Home Placed under Contract in September 2016: 2 units.
Down 60% compared to the last month
Down 60% 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 Neutral in Edgerton*

Average Sold Price per Square Footage in September 2016:$82 
Down 21.9% compared to the last month
Down 21.2% compared to the last year

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

September 2016 Average Days on Market trend is Rising Edgerton*

Average Days on Market in September 2016: 138 
Up 626.3% compared to the last month
Up 100% compared to the last year

September 2016 is a Seller's market in  Edgerton*


Months of Inventory based on Closed Sales in September 2016: 2.2 
Down 21.2% compared to the last month
Down 37.1% 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



Edgerton, Edgerton KS, Edgeron Kansas, Edgerton real estate