Market Conditions in Wichita>Question Details

jrangel1944, Both Buyer and Seller in Wichita, KS

What was annual increase in Wichita and surrounding area for 2012, 2013?

Asked by jrangel1944, Wichita, KS Wed Mar 5, 2014

3 bdrm, 3 bath homes, 20 years old

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Wichita home sales have now been rising for three straight years. In fact, sales in 2013 are on pace to rise by 12.5%, the largest year-over-year gain on record. Based on studies, this trend should continue into 2014. This information is made available by the WSU Center for Real Estate and is part of a publication entitled "2014 Wichita Housing Market Forecast". At your request, I would be happy to provide you with a copy of this forecast. Feel free to email me at roverman@prudentialkansas.com
0 votes Thank Flag Link Wed Mar 5, 2014
In 2012, the average home price appreciation rate was -0.7%. 2013 info is not put together yet, but it was projected to be in the area of 1.3% to 1.5%. This is an average of all of the homes sold in the Wichita Metropolitan area. Let me know if there is anything else you need help with.
0 votes Thank Flag Link Wed Mar 5, 2014
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