Mission Hills Kansas, suburban Kansas City, Real Estate Market Update February 21st, 2010

Mission Hills is a small, select, beautiful and sought after suburb of Kansas City with quite a variety of luxury homes for sale. The low supply homes available in Mission Hills Kansas coupled with it's incredible desirability drive up the market value. Unique properties in this update include homes in the areas of Mission Hills, homes in Sagamore Hills, homes in Indian Hills, and houses in Belinder Hills. Think of Mission Hills as the La Jolla of Kansas, but without the ocean. Let's break down the Mission Hills real estate market by price range

Mission Hills homes start at around a half million and go to well over $5 Million

Quick Overview of the Mission Hills KS Real Estate Market as of February 21st, 2010

  • 40 Mission Hills KS Homes for sale
  • 24 Misison Hills KS Homes sold in the last 6 months
  • Average number of Mission Hills KS homes selling per month is 4
  • Estimate Mission Hills KS housing inventory is 10 months based on last six months of demand and current supply of home
  • Overall the advantage is to the home buyer based on supply and demand - but this varies based on the price range.

Homes for sale in Mission Hills KS for $750,000 or less

As of February 21st, 2010 there are 10 Mission Hills KS homes listed for sale in suburban Kansas City in Johnson County with an asking price of $750,000 or less. Since August 21st, 2009 13 Mission Hills KS homes have sold in the $750,000 or less price range. Advantage is to the Sellers in this price bracket. It is hard to underestimate the value of the Mission Hills location.

If a central Kansas City location is not as important then you might drive farther South into Johnson County KS to review the housing options in Leawood KS. If you want to be close to the Country Club Plaza, Mission Hills could be your dream neighborhood.

Homes for sale in Mission Hills KS from $750,000 to $1,000,000

As of February 21st, 2010 there are 9 Mission Hills KS homes listed for sale in suburban Kansas City in Johnson County with an asking price $750,000 to $1,000,000. Since August 21st, 2009 8 Mission Hills homes have sold between $750,000 to $1,000,000. A neutral market based on supply and demand, but don't underestimate the draw of Mission Hills Kansas. Buyers in this price range may also consider a drive to southern Johnson County and the luxury homes in Leawood.

Luxury homes for sale in Mission Hills KS for $1,000,000 to $1,5000,000

As of February 21st, 2010 there are 6 Mission Hills KS homes listed for sale in suburban Kansas City in Johnson County with an asking price between $1,000,000 to $1,500,000. Since August 21st, 2009 four homes have sold in Mission Hills, KS at the $1,000,000 to $1,500,000 price point. A buyer advantage exists in this price range.

Luxury homes for sale in Mission Hills KS for $1,500,000+

As of February 21st, 2010 there are 15 Mission Hills KS homes listed for sale in suburban Kansas City in Johnson County with an asking price of $1,500,000 or greater. Since August 21st, 2009 2 homes have sold in Mission Hills, KS at the $1,500,000 or greater price point. Buyer's market, but these are, again, exceptional properties in a unique setting.

Receive a FREE Estimate on how much your Mission Hills Kansas home is worth

Ken Jansen Broker, CRS, ABR, CLHMS, ePRO, CSP

Jansen Realty Group, Inc.

Phone 913-908-2215 Fax 913-273-1201

email Ken@KansasCityRealEstate411.com

website www.KansasCityRealEstate411.com