Ho ho ho! It’s Christmas Eve, and here at New Heights KC, we’ve been busy making sure all the homes on Santa’s list are ready to go! While we may not be delivering presents (unless you count a cozy new home), we’ve been keeping an eye on the market and, let’s just say—it’s a little jolly out there!

Here’s what’s going down in the Kansas City real estate market this week, straight from the North Pole... I mean, our offices at New Heights KC.

New Listings: Up 100% (Thanks to the Elves!) 

This week, the number of new listings has skyrocketed by 100%! That’s right, Santa and his elves have decided to gift the market with a sleigh-full of brand new homes – 1,000 listings to be exact! They figured that the more homes, the merrier, right? After all, what better time to list your home than when everyone’s feeling jolly? If you’ve been dreaming of a new home before the New Year, now’s your chance to explore the magic of the season.

Homes Sold: Up 300% to 1,237 Homes (That’s a Lot of Elves Moving In!)

In a stunning turn of events, 1,237 homes SOLD this week—because who’s more motivated than Santa’s elves when they find a perfect home near a fireplace for their cozy stockings?  The market is on fire—or should we say, “on sleigh”!? It looks like the elves are really snatching up homes in preparation for next year’s toy-making!

Average List Price: $1,000,000,000 (That’s a Lot of Toys!)

Prices are up, up, up this week! The average list price? $1,000,000,000. Why? Well, have you seen Santa’s workshop lately? It’s all about luxury homes for high-end toy production. Don’t worry, though, if you’re not looking for a mansion made entirely out of gingerbread, we’ve got plenty of cozy places for those smaller budgets, too. 

Average Sold Price: Up to $550,000 (Some Elves Are Living LARGE!) 

Not to be outdone, the average sold price has gone up this week, reaching a solid $550,000. Seems like Santa’s elves have been busy splurging on cozy fireplaces, luxury kitchens, and homes with extra space for all their holiday cookies! If you're a seller, the elves' taste for fine homes is paying off – they're snatching up properties faster than Rudolph’s nose lights the way!

Listings with Price Reductions: Up 85% to 805 Candy Canes

We’ve seen 805 candy canes (er, homes) with price reductions this week, as even Santa knows when it’s time to sweeten the deal. If you’re looking for something a little more festive (and affordable!), these homes are now at an irresistible price. 🍭🏡

Homes Going Back on the Market? Down to 0 Reindeer Homes

No reindeer homes have returned to the market this week! Santa’s helpers have been so efficient that not a single deal has fallen through. All homes are flying off the market faster than Santa’s sleigh on Christmas Eve.

Pending Sales: Up 100% to EVERYONE

Every elf in the North Pole is officially under contract. Pending sales are up 100%, meaning everyone’s busy checking out homes, signing contracts, and getting ready for 2025. Let’s face it—who wouldn’t want to start the new year in a brand-new home, complete with a chimney for Santa to come down? 🎄

Days on Market: 0 Days (Because Santa’s Too Fast!)

This week, homes are selling faster than Rudolph’s nose with an average of 0 days on market. That’s right, homes are disappearing faster than cookies at the North Pole. If you’re thinking about listing your home (after all those holiday cookies are gone), don’t wait—homes are flying off the market!

 

Merry Christmas from New Heights KC! 

It’s been a magical year, and as we wrap up 2024, we’re so grateful to have been a part of your real estate journey. Whether you’ve been naughty or nice, we’ve got the perfect home for you (just ask Santa). And as we ring in 2025, we want you to know that our team at New Heights KC is here to help you find your dream home in the new year, no matter how big or small your wish list is!

As always, if you have questions or need help with your real estate plans, give us a call. We’re here, sleigh bells in hand, ready to make the next chapter of your story as magical as a holiday season spent at home.

Stay tuned for more updates! Until then, enjoy your holiday festivities and don’t forget to leave out those cookies!