Find the perfect home for sale in Clay County, Missouri. Let RE/MAX Kansas-Missouri help you locate Clay County, MO real estate, as well as condos and townhomes.
The real estate market is currently showing a low supply of inventory, with only 1.11 months available. This indicates a seller's market, where demand exceeds supply, leading to potentially higher prices. Over the past 12 months, there has been a significant increase of 29.07% in the months of inventory, suggesting a shift towards a more balanced market. This could mean more options for buyers and less competition among sellers.Homes are spending a median of 40 days on the market before being sold, which is relatively quick and may indicate strong buyer interest in the area. The sold to list price percentage is 100.3%, meaning that homes are typically selling for slightly above their listing price. This could be a result of competitive bidding or desirable properties in high demand. The median sold price in this market is $232,000, indicating the average price at which homes are being sold. This information can be helpful for both buyers and sellers to understand the current market value of properties in the area.Overall, these metrics suggest a dynamic and potentially competitive real estate market, with opportunities for both buyers and sellers to make informed decisions. Buyers may find a variety of options to choose from, while sellers could benefit from strong demand and potentially higher sale prices. It is important for all parties to stay informed and work with a knowledgeable real estate professional to navigate the market effectively.