Winter 2012 Market Update
Easy commute to Kansas City metro area

Average Home Price $168,944 - View Graph Trend
Average Price Compared to Last Year Up 0-5%
Average Time on Market 30-60 days
Prices As % of Asking Price More than 100%
Market Trend No Change
Buyers’ or Sellers’ Market More sellers than buyers
Multiple Offers?No
Housing Inventory Good supply - Some Prices
Greatest Activity Single-Family Homes
Reason to Buy/Sell Population growth
Nearest Metro AreaKansas City
Housing Hot SpotsNew home sales continue to thrive in Gardner and Spring Hill. We offer the lowest new home prices to be found in Johnson County and over twenty subdivisions to choose from at any time.
Average Sold Price $168,944 - View Graph Trend

Spring Hill and Edgerton Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.61%
  15 yr. jumbo rate:  3.97%

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