Gardner, KS Real Estate Market Report - Is it a Buyer's or Seller's Real Estate market?

Gardner, KS Real Estate Market Report

	September 2016 is a Seller's market for Gardner, KS* Home For Sale in September 2016: 81 units. • Down 27% compared to the last month • Down 15.6% compared to the last year Home Listed in September 2016: 35 units. • Down 20.5% compared to the last month • Down 30% compared to the last year Home Closed in September 2016: 46 units. • Up 2.2% compared to the last month • 0% compared to the last year Home Placed under Contract in September 2016: 27 units. • Down 15.6% compared to the last month • Down 34.1% 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

September 2016 Average Sold Price per Square Footage is Neutral in Gardner, KS*

Average Sold Price per Square Footage in September 2016:$105

•	Down 1.9% compared to the last month
•	Up 2.9% compared to the last year

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

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

Average Days on Market in September 2016: 29

•	Up 81.3% compared to the last month
•	Down 54.7% compared to the last year

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

September 2016 is a Seller's real estate market for Gardner, KS*

Months of Inventory based on Closed Sales in September 2016: 1.8

•	Down 28.4% compared to the last month
•	Down 14.4% 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

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