How hot is the real estate market near Topeka? Home prices fall to $165K
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The median sales value for a solitary-household residence in Shawnee County during January was $165,000. That is a reduce of 3.8% in contrast with January 2021, according to a United states Right now Community localized assessment created with information from Real estate agent.com.
On a year-about-12 months basis, solitary-household home costs just began slipping. January price ranges are down from $185,000 the past month.
The number of houses marketed rose by 4.8% from a calendar year before. A total of 152 properties had been offered countywide all through the month of January. For the duration of the exact interval a calendar year previously, 145 one-family properties have been offered.
Genuine estate sales can get weeks or months to be recorded and gathered. This is the latest info manufactured readily available by way of Realtor.com to the United states Currently Network.
How sizzling is Shawnee County’s true estate industry in Kansas?
Facts on your local housing marketplaces is accessible as a result of the Usa Right now Community, with additional info from Real estate agent.com.
In Shawnee County, the top 10% of the houses marketed had charges of at least $343,069, down 4.7% from a calendar year before.
In January, no houses offered for $1 million or more.
The median residence sale rate — the midway place of all the properties or models marketed more than a period of time — is utilized in this report as a substitute of the typical residence sale selling price since experts say the median delivers a additional exact watch of what’s going on in a current market. In obtaining the common value, all prices of houses offered are added and then divided by the amount of houses marketed. This measure can be skewed by a person reduced or high cost.
The United states of america Today Community is publishing localized versions of this tale on its information web pages throughout the nation, generated with facts from Real estate agent.com. Localized variations are created for communities wherever the data top quality and transaction quantity meets Realtor.com and Usa These days Community standards. The tale was written by Sean Lahman.
This post at first appeared on Topeka Capital-Journal: Shawnee County’s average property marketed for a reduce price 12 months around 12 months
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