IT’S A VERY FAST PACE HOME PRICES IN JOHNSON COUNTY HAVE BEEN THROUGH THE ROOF. WE ALL SAY TO EACH OTH.ER HAVE YOU SN EEANYTHING LIKE THIS? A LOCAL MARKET UATPDE BY THE KANSAS CITY REAL ESTATE ASSOCIATION OF REALTOR SSHOWED TH E AVERAGE PRICE OF A JOHNSON COUNTY HOME IN MAY 2020 GOING FOR OVER 350,000 BUT IN MAY OF ISTH YEAR THE AVERAGE PRICET OVER 445,000 A NEARLY $90,000. INCREASE WE’RE TRYING T FIGURE OUT THE LANDSCAPE JUST AS MUCH AS THE BUYERS ARE TRYING TO FIGURE OUT THE LANDSCAPEF O HOW TO MAKE IT SUCCESSFUL FOR THAT REAL ESTATE AGENT. EMILY VOGUE SAYS MANY AGENTS BELIEVE THERE’S MULTIPLE FACTORS FORHE T INCREASE INCLUDING PEOPLE FEELING CRAMMED AT HOME BECAUSE OF THE PANDEMIC AND WANTING TO MEOV OUT WHILE INTEREST RATES WERE LOW AS WELL AS PEOPLE OUT OFTA STE MOVING TO THE METRO. IT WAS THE PERFECT SITUATION FOR PEOPLE TO MAKE THAT TYHE OTHERWISE WOULD HAVE NEVER CONSIDERED FOLKS AS MANY AGENTS BELIEVE THE TRAJECTORY WON’T KEEP GOING THIS WAY, BUT SHE WANTS FUTURE HOMEOWNERS TO BE READY FOR WHEN IT’S TIME TO GET THEIR HOUSE AND ALL PARTS OF KANSAS CITY, ESPECIALLY JOHNSON COUNTY. YOU NEED TO BE READILY AVAILABLE. YO U NEED TO BE READY TO LEAVE WORK YOU NEED TO BE AVAILABLE FOR FACETIME WITH YOUR REALTOR, BU AT THE SAME TIME IT DOES MAKES U THINK HOW MUCH MORE INTENSE CAN IT
Johnson County home prices soar, according to local market update
Over the past year, Johnson County home prices saw a nearly $90,000 increase.
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Updated: 9:48 PM CDT Jun 17, 2021
For many of us, buying a house is one of the biggest investments we'll ever make.But if you're buying or selling, house prices are going through the roof.Average prices across the Kansas City metro have been rising tens of thousands of dollars."It's a very fast past," said Emily Vogt, a real estate agent. Home prices in Johnson County, Kansas especially, have seen a 25% increase. "We (real estate agents) all say to each other, 'Have you seen anything like this before?'" Vogt said.A local market update by the Kansas City Real Estate Association of Realtors (KCRAR) showed the average price of a Johnson County home in May 2020 going for $355,268. But in May 2021, the average price went at $445,050, which is a nearly $90,000 increase. "We're trying to figure out the landscape just as much as the buyers are trying to figure out the landscape of how to make it successful for them," Vogt said.Vogt said that many agents believe there are multiple factors for the increase, including people feeling crammed at home because of the pandemic, and wanting to move out while interest rates were low, as well as people out of state who are moving to the metro."It was the perfect situation for people to make a move that otherwise they would have never considered," Vogt said.She said that many agents believe the trajectory won't keep going this way but she wants future homeowners to be ready for when it's time to get their house. "In all parts of Kansas City, especially Johnson County, you need to be readily available. You need to be ready to leave work, be available for Facetime with your realtor. But at the same time, it does make us think, how much more intense can it get?" Vogt said.Here's the average price of homes across the metro:Wyandotte County, KS: May 2020: $168,410May 2021: $205,974Douglas County, KS: May 2020: $260,616May 2021: $304,961Jackson County, MO:May 2020: $222,255May 2021: $274,596Cass County, MO:May 2020: $239,253May 2021: $308,086Clay County, MO:May 2020: $253,997May 2021: $284,772Click here for a list of more regional counties.
JOHNSON COUNTY, Kan. — For many of us, buying a house is one of the biggest investments we'll ever make.
But if you're buying or selling, house prices are going through the roof.
Average prices across the Kansas City metro have been rising tens of thousands of dollars.
"It's a very fast past," said Emily Vogt, a real estate agent.
Home prices in Johnson County, Kansas especially, have seen a 25% increase.
"We (real estate agents) all say to each other, 'Have you seen anything like this before?'" Vogt said.
A local market update by the Kansas City Real Estate Association of Realtors (KCRAR) showed the average price of a Johnson County home in May 2020 going for $355,268.
But in May 2021, the average price went at $445,050, which is a nearly $90,000 increase.
"We're trying to figure out the landscape just as much as the buyers are trying to figure out the landscape of how to make it successful for them," Vogt said.
Vogt said that many agents believe there are multiple factors for the increase, including people feeling crammed at home because of the pandemic, and wanting to move out while interest rates were low, as well as people out of state who are moving to the metro.
"It was the perfect situation for people to make a move that otherwise they would have never considered," Vogt said.
She said that many agents believe the trajectory won't keep going this way but she wants future homeowners to be ready for when it's time to get their house.
"In all parts of Kansas City, especially Johnson County, you need to be readily available. You need to be ready to leave work, be available for Facetime with your realtor. But at the same time, it does make us think, how much more intense can it get?" Vogt said.
Here's the average price of homes across the metro:
Wyandotte County, KS:
May 2020: $168,410
May 2021: $205,974
Douglas County, KS:
May 2020: $260,616
May 2021: $304,961
Jackson County, MO:
May 2020: $222,255
May 2021: $274,596
Cass County, MO:
May 2020: $239,253
May 2021: $308,086
Clay County, MO:
May 2020: $253,997
May 2021: $284,772
Click here for a list of more regional counties.
