Mission Hills Kansas City May 10th 2010

Mission Hills Kansas, suburban Kansas City, Real Estate Market Update May 10th, 2010

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Quick Overview of the Mission Hills KS Real Estate Market as of May 10th, 2010

  • 58 Mission Hills KS Homes for sale – another jump in supply since my previous report on Mission Hills home sales.
  • 21 Mission Hills KS Homes sold in the last 6 months – a slight drop in sales .
  • Average number of Mission Hills KS homes selling per month is 3.6.
  • Median current asking price is roughly $1,100,000 – a drop in median asking price of $100,000 since my previous report.
  • Median Selling price during the last 6 months is roughly $755,000 – a drop of $45,000 since my last report.
  • Estimated Mission Hills KS housing inventory is 16.6 months based on last six months of demand and current supply of homes. This is a change since a comparatively large number of homes came on the market and the average number of home selling in the last six months has dropped.
  • Overall the advantage is to the home buyer based on supply and demand – but this varies based on the price range.

Mission Hills is a small, select, and sought after suburb of Kansas City with quite a variety of luxury homes for sale. The low supply homes available in Mission Hills Kansas coupled with it’s incredible desirability drive up the market value. You can see the incredible value location has on the price of home in Mission Hills KS by reviewing the median prices. Nice!

Unique Kansas properties in this update include homes in the areas of (but not limited to)

  • Mission Hills
  • Sagamore Hills
  • Indian Hills
  • Belinder Hills

Think of Mission Hills as the La Jolla of Kansas, but without the ocean, and with four seasons.

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(all data current as of 12/22/2024)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Mission Hills homes start at around a half million and go to well over five million

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