Columbia trends reflect statewide real estate data

2 years 10 months 1 day ago July 24, 2014 Jul 24, 2014 Thursday, July 24 2014 Thursday, July 24, 2014 4:19:00 PM CDT in News
By: Lee Anne Denyer, KOMU 8 Reporter
loading

COLUMBIA - Housing experts said Thursday it's a good time to buy and to sell in Columbia.

Missouri REALTORS released new data this week indicating more homes sold in June 2014 than June 2013, and the cost of the homes increased, supporting that idea.

The June 2013 Home Sales Result showed:
• 6,800 residential properties were sold in Missouri, a 3.5% increase from June 2013
• The average residential property sold for $191,059, a 12% increase from 2013
• The average number of days on the market dropped to 122, 3 days less than June 2013

The hard data provided in these reports can be used to help support notions that the city of Columbia is growing, but City Planner Steve MacIntyre said these numbers aren't the first thing that comes to mind for home buyers.

"The average consumer who is looking to buy a house is more concerned about the school district, the price of real estate, what amenities are there, how close it might be to jobs, school, other things they care about, " he said.

He said the growth in housing prices and increase in sales resulted from more people moving to Columbia.

"Certainly that would correspond with the perception I have that there's less residential real estate available."

He said he sees more creative approaches to rezoning to accommodate more housing, which he said is reflective of the decreased availability.

"When you've got more demand than supply, basic rule tends to support increase in price," MacIntyre said. " And we've seen housing prices go up."

 

 

More News

Grid
List
PLATTE COUNTY - Prosecutors plan to seek the death penalty against a 25-year-old northwest Missouri man if he is convicted... More >>
46 minutes ago May 26, 2017 May 26, 2017 Friday, May 26 2017 Friday, May 26, 2017 11:09:00 AM CDT in Continuous News
JEFFERSON CITY - Police have made an arrest in the investigation of a suspicious death in April. A 16-year-old... More >>
1 hour ago May 26, 2017 May 26, 2017 Friday, May 26 2017 Friday, May 26, 2017 10:15:00 AM CDT in Top Stories
ST. LOUIS (AP) — The St. Louis Fire Department says it rescued a man after he became trapped between a... More >>
4 hours ago May 26, 2017 May 26, 2017 Friday, May 26 2017 Friday, May 26, 2017 7:55:00 AM CDT in News
CAPE GIRARDEAU (AP) — A Cape Girardeau institute that helps autistic people will remain open despite losing its state funding.... More >>
4 hours ago May 26, 2017 May 26, 2017 Friday, May 26 2017 Friday, May 26, 2017 7:26:35 AM CDT in News
ST. LOUIS (AP) — Saint Louis University officials say no one was injured when a fire broke out at a... More >>
4 hours ago May 26, 2017 May 26, 2017 Friday, May 26 2017 Friday, May 26, 2017 6:56:00 AM CDT in News
JEFFERSON CITY - The Missouri Department of Transportation was preparing Friday for a weekend of heavy travel. AAA predicted... More >>
7 hours ago May 26, 2017 May 26, 2017 Friday, May 26 2017 Friday, May 26, 2017 4:09:00 AM CDT in Top Stories
HOLTS SUMMIT - Callaway County Sheriff Deputies arrested two men after deputies found meth, marijuana and a firearm in their... More >>
12 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 11:36:00 PM CDT in News
JEFFERSON CITY – Gov. Eric Greitens called for the special legislative session on Monday, and it’s costing taxpayers thousands of... More >>
15 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 8:51:00 PM CDT in Top Stories
ST. LOUIS (AP) — Police are investigating whether a man who stole a pickup truck after killing a woman and... More >>
16 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 7:09:45 PM CDT in News
COLUMBIA – President Donald Trump's proposed budget cuts on Tuesday could decrease funding for food stamps by nearly $200 billion... More >>
17 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 6:38:00 PM CDT in News
COLUMBIA - Pizza Tree, a local restaurant in Columbia, is participating in a national campaign that works with the non-profit... More >>
18 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 5:17:00 PM CDT in News
JEFFERSON CITY (AP) — A preliminary assessment has found about $86 million of damage and costs from recent flooding and... More >>
18 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 5:00:00 PM CDT in News
ST. LOUIS (AP) — A St. Louis man could face up to a year in prison after admitting that he... More >>
19 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 4:28:01 PM CDT in News
COLUMBIA - Blue Cross and Blue Shield of Kansas City announced it will withdraw from the Affordable Care Act starting... More >>
20 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 2:56:00 PM CDT in News
PARMA (AP) — A southe ast Missouri ma n is accused of burglary after allegedly targeting a most unlikely place... More >>
22 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 1:51:54 PM CDT in News
ST. CHARLES - With no verdict reached, jurors will resume deliberating the fate of Mexico resident Serghei Comerzan on Friday,... More >>
22 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 1:21:00 PM CDT in News
ST. LOUIS (AP) — A woman is dead and a man critically wounded after shootings in St. Louis' Baden neighborhood.... More >>
23 hours ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 12:38:59 PM CDT in News
JEFFERSON CITY - Lincoln University announced Mike Middleton as its interim president Thursday as it prepares for current president Kevin... More >>
1 day ago May 25, 2017 May 25, 2017 Thursday, May 25 2017 Thursday, May 25, 2017 11:55:00 AM CDT in News
Columbia, MO
Broken Clouds 75°
12pm 77°
1pm 78°
2pm 78°
3pm 79°

Select a station to view its upcoming schedule:

Coming Up Next

11:00a
Rachael Ray
12:00p
KOMU 8 News @ Noon
12:30p
Inside Edition
11:00a
Jerry Springer
12:00p
Jerry Springer
1:00p
Maury

Tonight's Schedule

7:00p
First Dates
8:00p
Dateline NBC
7:00p
Penn & Teller: Fool Us
8:00p
Penn & Teller: Fool Us
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld