As buyers face a bidding war over Johnson County’s limited housing inventory, new homes are selling for $558,000 on average, according to a county appraiser report. Factor in existing homes as well, and the average sales price of a single-family home was $394,000 in 2020, the appraiser said. Last month alone, according to the Kansas City Regional Association of Realtors, the average sales price soared to more than $411,000. “This year, we just don’t have the inventory,” said Marti Lilja, a real estate agent with Keller Williams, adding that the pandemic delayed a lot of construction. “We’re so behind. There are so many buyers who still need houses, it’s going to take a while before everything gets caught up.”
Source: Joco 913 News
