Columbia trends reflect statewide real estate data

1 year 9 months 1 week 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

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
COLUMBIA - According to MoDOT, law enforcement is trying to crack down on underage drinking and driving. Law enforcement will... More >>
2 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 8:44:00 PM CDT in News
KANSAS CITY (AP) — A former police officer for the Veterans Affairs Medical Center in Kansas City, Missouri, is accused... More >>
3 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 8:03:02 PM CDT in News
JEFFERSON CITY (AP) — Missouri lawmakers have advanced a "personhood" measure that backers said will protect the unborn and opponents... More >>
4 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 7:09:10 PM CDT in News
COLUMBIA - MU Health employees filed a lawsuit against the hospital and claimed MU Health "knowingly and willfully failed and... More >>
5 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 6:06:00 PM CDT in News
COLUMBIA - The Centers for Disease Control said more than 50 percent of children with ADHD between 2-5 years old... More >>
5 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 5:50:00 PM CDT in News
KANSAS CITY, Mo. (AP) — Kansas City Mayor Sly James says the city will not hold an election this year... More >>
6 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 4:50:26 PM CDT in Continuous News
FORT LEONARD WOOD - First Lady Michelle Obama and Second Lady Dr. Jill Biden paid a visit to Thayer Elementary... More >>
6 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 4:15:00 PM CDT in News
JEFFERSON CITY (AP) — Missouri Supreme Court judges have ruled against what some called a tax loophole for doughnut holes.... More >>
7 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 3:58:49 PM CDT in Continuous News
JEFFERSON CITY (AP) — Missouri lawmakers have approved the creation of a commission to review the University of Missouri System's... More >>
7 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 3:46:00 PM CDT in News
COLUMBIA - Toddlers have shot seven people in Missouri since 2015, according to a Washington Post analysis. Only Georgia had... More >>
8 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 2:52:00 PM CDT in News
JOPLIN (AP) — A man who left a Joplin hospital against medical advice after he was wounded by police is... More >>
9 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 2:02:59 PM CDT in News
ST. LOUIS (AP) — A woman who was charged with abandoning her baby in a Manhattan subway station in 2014... More >>
9 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 1:50:00 PM CDT in News
JEFFERSON CITY (AP) — The Missouri Legislature has voted to override the governor and block a wage hike for home-care... More >>
9 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 1:43:00 PM CDT in News
LIBERTY (AP) — Authorities said that a building has partially collapsed on the historic square in the Kansas City suburb... More >>
9 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 1:39:00 PM CDT in News
COLUMBIA - An Illinois man was taken into custody Monday night charged with dismembering a human body. Police arrested... More >>
9 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 1:17:00 PM CDT in News
COLUMBIA - The City of Columbia bought new billing software designed to make utility bills easier to read. The... More >>
10 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 12:57:00 PM CDT in News
JEFFERSON CITY - The United Way of Central Missouri's 2016 campaign theme was revealed with a mini parade Tuesday morning.... More >>
10 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 12:23:00 PM CDT in News
BOONVILLE - The Boonville Police Department's new K-9, Vik, passed the certification to be a Police Utility Dog, according to... More >>
12 hours ago May 03, 2016 May 3, 2016 Tuesday, May 03 2016 Tuesday, May 03, 2016 10:18:00 AM CDT in News
Columbia, MO
Broken Clouds 53°
12am 53°
1am 52°
2am 53°
3am 54°

Select a station to view its upcoming schedule:

Coming Up Next

10:35p
The Tonight Show Starring Jimmy Fallon
11:37p
Late Night with Seth Meyers
12:37a
Last Call with Carson Daly
11:00p
Raising Hope
11:30p
Community
12:00a
Community

Tonight's Schedule

7:00p
The Voice
8:00p
Chicago Med
9:00p
Chicago Fire
7:00p
The Flash
8:00p
Containment
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld