Find the perfect home for sale in Clay County, Missouri. Let RE/MAX Kansas-Missouri help you locate Clay County, MO real estate, condos, and homes for rent.
The real estate market is currently experiencing a high demand with a low supply of inventory, as indicated by the low Months Supply of Inventory at 1.7. This means that there are not enough homes available to meet the needs of potential buyers, leading to increased competition and higher prices. The 12-Month Change in Months of Inventory at -20.56% shows a significant decrease in the amount of time it takes for homes to sell, further emphasizing the tight market conditions. Sellers are able to sell their homes more quickly than in previous years, indicating a strong seller's market.The Median Days Homes are On the Market at 31 days confirms the quick pace at which homes are selling. Buyers need to act fast and be prepared to make competitive offers in order to secure a property in this fast-moving market.The High Sold to List Price Percentage of 99.3% demonstrates that homes are selling very close to their listing price, showing that sellers are able to command top dollar for their properties. Buyers may need to be prepared to pay close to asking price in order to successfully purchase a home in this market.The Median Sold Price of $305,000 reflects the current state of the market, with prices remaining strong due to high demand and low inventory levels. Sellers are benefiting from the favorable market conditions, while buyers may face challenges in finding affordable options.Overall, the real estate market is currently favoring sellers, with low inventory levels, quick sales, and strong prices. Buyers should be prepared to act quickly and competitively in order to secure a property in this competitive market.