This information is from the Heartland MLS which serves as a very important tool for real estate agents and their buyer/seller here in the Greater Kansas City area.
January 2006 Statistics
Total Homes for Sale 21,284
Total Multi-Dwelling Homes for sale 692
Average List Price for Homes $195,723
Average List Price for Multi $198,934
Sales of homes 2,178
Sales of multis 69
Average sales price for homes $184,893
Average sales price of multis $229,839
Average Days on Market for homes 54
Average Days on Market for multis 44
Study these numbers. They will tell you a whole lot. I can see many things in these numbers, including a very important trend.
If you would like numbers from just your part of town, drop me an email or give me a call. I would be happy to send you your neighborhood’s specific statistics.