Another day, another house waiting for a new owner. | Photo by KCtoday
To sell or not to sell, that is the question. The KC metro’s housing market has been one hot potato over the last several years. However, according to data from Heartland MLS, it seems the steam might be starting to clear.
State of the market
The average sale price jumped 3.6% from 2023, coming in at $368,471. But, don’t let that number fool you, there’s a few more figures you should factor in.
For the first time in several years, the amount of houses available to purchase increased a whopping 8.5%. Houses are also starting to sit slightly longer before being sold. Last year, houses sold within an average of 41 days; as of May 2024 that pace has slowed down to 44 days.
“What does this mean?” you ask. Well, before we only had a small amount of potatoes to feed the masses. Now, spuds are sprouting all over the place. It’s the very early roots of it all, but this is the first sign that the KC housing market could be cooling off.
TLDR — It looks like the supply is rising to meet demand. A great feast may be on its way.
But that’s just what the numbers say, here’s what experts tilling the ground think.
The housing market is on fire, just like this fireplace.
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Photo courtesy of Krishon Harris, REALTOR® ReeceNichols
Is the market changing?
“Yes, the market is beginning to shift. But it is very locationally driven. Some areas are very low on inventory and [...] some areas have more options.”
— Krishon Harris, ReeceNichols
Is KC’s market currently a buyer’s or seller’s market?
“Well, I’d say it’s still a seller’s market, but [...] With the recent increase in inventory, buyers have more options. This means they’re not afraid to walk away if the property isn’t quite right for them. But don’t worry, sellers! Prices are still relatively high. The market is slowly becoming a more balanced [one].”
— Stephanie Mulaosmanovic, Sanctuary Real Estate
Time Travelers Summer Series | Tuesday, June 18-Thursday, Aug. 8 | 10 a.m.-2 p.m. | Shawnee Town 1929, 11501 W. 57th St., Shawnee, KS | Free | Celebrate opening day at the historic farm + recreated downtown with free admission.
Jazz Piano Workshop | Tuesday, June 18 | 7-9 p.m. | Upcycle Piano Craft, 3945 Main St., KCMO | $75 | Pianists of any skill level are invited to tickle the ivories at this jazz-style group class.
Wednesday, June 19
Juneteenth History Drop-In | Wednesday, June 19 | 4-6:30 p.m. | John Wornall House Museum, 6115 Wornall Rd., KCMO | Free | Learn about the lives of Black individuals enslaved by the Wornall family through historic artifacts + an audio guide.
Thursday, June 20
The Mbembe Milton Smith Poetry Series | Thursday, June 20 | 5:30-7:30 p.m. | Kansas City Museum, 3218 Gladstone Blvd., KCMO | Free | Engage in a book discussion before a signing with Anastacia-Reneé.
Canning Workshop | Thursday, June 20 | 7-9 p.m. | Creative Culture, 5235 W. 116th Pl., Leawood, KS | $55 | Bring your can-do attitude and learn all there is to know about pickling your fave veggies.
Friday, June 21
Make Music Day | Friday, June 21 | 11 a.m.-11 p.m. | Multiple locations, KCMO | Free | Find concerts on every street corner of KC during the longest day of the year.
Visitors can enter the park any time on the holiday — parking is available in any open lot. | Photo provided by City of Overland Park
The Fourth of July is just two weeks away, Kansas City.
We’ll save you the hassle of last-minute planning — the Overland Park Star Spangled Spectacular is a can’t-miss (and family-friendly) way to celebrate the holiday in style. Bonus: Did we mention the event is free?
Hitting the right notes
Nothing says summer in the Heart of America like live music outdoors. Head to Corporate Woods Founders’ Park to sing + dance to a jam-packed lineup, including:
The Green Shoebox Band | 5 p.m.
Howard Mahan | 6 p.m.
The Champagne Band | 7 p.m.
Justus West | 8:15 p.m.
Savor the evening
Grab a bite from vendors like Bryce’s Food Truck, Mai’s Noodle Express, The Moose Truck, Krazy Crepes (and more), starting at 5 p.m.
The grand finale
Alexa, play “Firework.” Round out Independence Day with a fireworks display sure to light up the night at 10:05 p.m. — don’t forget to bring blankets + chairs.
In our Rafiki voice: “It is time.” The Chiefs announced their training camp schedule. Practices will be Sunday, July 21-Thursday, Aug. 15 at Western State University in St. Joseph. Most practices are free + open to the public but an RSVP is required.
Sports
On Friday, June 14, the KC Current tied with the Chicago Red Stars, 2-2, extending their historic unbeaten streak to 15 games. The team will now face off against the Portland Thorns in Oregon this Sunday, June 23, where we’re sure they’ll bring the rain. Sorry, PDXtoday.
Open
Overland Park restaurant Sahara has reopened at 10150 W. 119th St. after shutting down this past November. The Mediterranean spot still serves its previous offerings — like hummus, falafel, and kebabs — alongside a lamb shank special. (Kansas City Star)
Environmental
It’s snap back season — no, not for your waists. We’re talking about alligator snapping turtles. The hard-shelled jabberjaws have been missing from Kansas’ aquatic ecosystems for 33 years and are now being reintegrated. Learn how to help them thrive. (Kansas City Star)
Plan Ahead
Straight outta the 90s. Rapper Ice Cube will perform live at Grinders (417 E. 18th St., KCMO) on Friday, July 26 at 8 p.m. Tickets are $69-$152. If you go, we bet you’ll say “today was a good day.”
Older Adults
Southeast Shawnee, meet Cedarhust Senior Living, a new assisted living facility coming to the 6900 block of Lackman Road. The St. Louis-based biz will have 85 beds on its 20-acre property. A timeline for the project is TBA. (Kansas City Business Journal)
Drink Up
Raise a glass, drop a deal. We’ll be toasting to Drink Up Week — a celebration of Kansas City’s vibrant beverage scene — from Monday, July 22 to Friday, July 26. If you own a local business that serves beverages, join us by offering a fun drink deal to our readers — we may include it in a newsletter.
Asked
Choose our adventure... pretty please
A skyline full of opportunity.
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Photo by @jrw_shoots
Editor Charm + Editor Maddie have one burning question they need answered: How should they spend the day in KC?
Help us map out a perfect day in KC by being our guiding compass. Should we:
Start the day at a coffee shop, or take a walk in the park?
Get barbecue for lunch, or go out for brunch?
End the day at a bar, or spend it gazing at the stars?
You’re the navigator of this ship so help us seas the day.
Whenever I think about a quest I can’t help but start singing “Go The Distance” from Disney’s “Hercules.” I think that’s still one of the best Disney films of all time.
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