Wednesday, October 5, 2016

Real Estate Stats for Edgerton, KS - Is it a good time to buy or sell?

Real Estate Stats for Edgerton, KS

Is it a good time to buy or sell?

  •    The number of homes for sale dropped 19% from last year. (This is good news if you want to sell)
  • ·       The number of homes listed for sale increased 16.7% from last month and is up 17% from last year.
  • ·       The number of homes sold and closed is down 37.5% from last month and is up 25% from last year.
  • ·       The number of home that went under contract is down 50% from last month and 83.3% from last year. 
  • ·       The average sold price per square foot is down 2.8% from last month and is up 4% from last year.
  • ·       The average days on the market is down 25% from last month and down 62.5% from last year. 
  • ·       The average sold price is up 32.4% from last year.
  • ·       The months of inventory based on homes sold and closed is up 61.2% from last month and is down 36.2% from last year.

Thinking of selling your home in Edgerton, KS? Real estate is local and whether it is a good time to buy or sell may depend on your local neighborhood. I have seen one subdivision that was great to sell while across the street in another subdivision it was great to buy. Contact Chris for a personalized analysis.




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