Lucerna Real Estate

June numbers are in for the greater Kansas City metro, and the story here is a little different from the Lawrence side. This one is about tight supply and steady, dependable growth.

📊 The quick read:

▪️ Median Sales Price: $350,000, up 4.2% over last June. No wild swings here, just steady climbing, which is exactly what you want to see in a healthy market.

▪️ Inventory: 7,818 homes for sale, down about 7% from a year ago. There is simply less to choose from than last summer.

▪️ Months of Supply: 2.4. That tight supply is what keeps the metro firmly a seller's market.

▪️ Days on Market: 36. A couple days slower than last June, but by any normal standard homes are still moving fast.

📈 A couple more worth knowing:

▪️ Closed Sales: 4,026 homes closed in June, and the metro is pacing about 5% ahead of last year through the first half. Buyers are showing up.

▪️ List-to-Sale: 98.8% of asking price. Sellers are getting nearly every dollar.

What it adds up to: in KC, fewer homes and steady demand mean the well priced ones do not last long. This is not a market where buyers are waiting around for prices to drop. It is one where the right home at the right price gets an offer. For sellers, that is opportunity. For buyers, it means being ready to move when the one you want shows up.

Thinking about a move in the metro, or wondering what your home is worth in this kind of market? Let's talk.

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The June numbers for the Lawrence area are in, and sellers are still in a strong spot. Homes sold at full asking price last month. Here is what stands out and what it means if a move is on your mind.

📊 The quick read:

▪️ Median Sold Price: $373,500. A strong month at the closing table, with more higher priced homes selling.

▪️ Days on Market: 7. The right homes are still selling in about a week.

▪️ Active Listings: 198. Buyers have a few more options than they did earlier this spring.

▪️ Months of Supply: 2.2. Still a seller's market, with inventory building slowly over the past year.

📈 A couple more worth knowing:

▪️ Sold Listings: 116 homes closed in June.

▪️ Sold to List Price: 100.03%. Sellers got their full asking price.

Here is what ties it together. Homes in the Lawrence area sold at 100% of asking in June, and the ones priced and prepared well went in about a week. That number says it all. Price it right and buyers move fast and pay the asking price. Price it high and it sits, because buyers are paying attention and they have a little more to choose from than they did a few months back.

Curious what your neighborhood is doing, or what your home could bring right now? Let's talk.