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Mission Hills Real Estate 4.21.2013

24/04/2013

Real estate market report for the city of Mission Hills in the Kansas City Greater Metropolitan Area: including Mission Hills, Indian Hills, Sagamore Hills (the three sisters), and Belinder Hills. 1st Quarter 2013.

Active Listings (homes for sale) = 33.

Contingent = 1.

Pending = 14.

Back-Ups = 7.

Sold in the last 180 days = 30.

The highest price paid for a home in Mission Hills during the last 180 days was $3,000,000. (This was the sprawling 2 and 1/2 acre estate overlooking the Kansas City Country Club golf course.)

The lowest price paid was $345,000. (This was a smallish ranch home on a small lot south of 63rd street in Sagamore Hills.)

The Average price paid for a home in Mission Hills is $950,096.

High end, luxury properties did not move well during our recent recession. We are enjoying a comeback now that the economy is showing signs of improvement. Notice that not only are the homes in Mission Hills selling, many have Back Up Offers attached. That tells me two things: 1, there are buyers for luxury homes in Kansas City; and 2, the best homes in Mission Hills are attracting multiple offers.

If you know Kansas City, then you know that Mission Hills is a desirable neighborhood to call home. If you are not familiar with our beautiful city, please feel free to learn more about Mission Hills here.

Information and data from Heartland MLS is deemed reliable but not guaranteed.
Portions of this post were originally published at http://activerain.com/blogsview/3702235/market-report-mission-hills-sagamore-hills-indian-hills-4-21-2013

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