West Wichita Real Estate Market Conditions & Reports, West Wichita Market Trends, Kansas

Market Commentary Provided by Ginette Huelsman

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Ginette Huelsman
J.P. Weigand & Sons, Inc.
Wichita, Kansas
316.448.1026
ginette@huelsmanei.com
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Nearest Metro Area

Wichita, KS

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

90-120 Days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$175,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 5-10%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

Single-Family Homes

Buyer Activity for the past 90 days in West Wichita is

Seller Activity for the past 90 days in West Wichita is

Is Financing Available For Qualified Buyers in West Wichita?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

New housing development: Fox Ridge

Reason to Buy/Sell

Good economic news

Average Sold Price

$175,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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