Columbia trends reflect statewide real estate data

2 years 9 months 4 days 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
ST. LOUIS — Thousands of workers in St. Louis are preparing to see a jump in pay now that the... More >>
2 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 4:27:17 PM CDT in News
FULTON - Autopsy results confirmed the body found by the Fulton Police Department Monday is 31-year-old Carl L. DeBrodie, the... More >>
2 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 3:51:00 PM CDT in News
COLUMBIA - Some Columbia utility customers are complaining because of recent past due notices sent out for the month of... More >>
3 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 3:29:00 PM CDT in News
JEFFERSON CITY - Lincoln University’s Board of Curators announced Thursday it will suspend tenure and earned advancements for its faculty.... More >>
3 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 3:24:00 PM CDT in News
COLUMBIA - Four teenagers were taken to the hospital Friday morning following a vehicle crash on I-70, according to the... More >>
3 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 2:58:00 PM CDT in News
COLUMBIA – Music enhances and develops the life of 20-year-old Nathan Walton on a daily basis. "I play a... More >>
4 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 2:01:00 PM CDT in News
COLUMBIA – Missouri Task Force 1 sent a team to Southern Missouri to help with the possible flooding in the... More >>
4 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 2:01:00 PM CDT in News
COLUMBIA - The UM System Board of Curators approved amendments to the University of Missouri-Columbia's collected rules governing faculty standards... More >>
5 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 1:32:00 PM CDT in News
COLUMBIA - The pollen count in Missouri is the highest it has been in ten years, but that might not... More >>
5 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 1:23:00 PM CDT in News
COLUMBIA - A pilot program targeting food insecurity wrapped up at Rock Bridge High School Friday. The program, designed by... More >>
5 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 1:06:00 PM CDT in News
SPRINGFIELD (AP) — A Missouri woman has been charged with first-degree involuntary manslaughter in connection to a fatal crash late... More >>
5 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 1:02:00 PM CDT in News
KANSAS CITY, Mo. (AP) — Three people have been charged in the stabbing death of a Kansas man who was... More >>
5 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 12:54:51 PM CDT in News
JEFFERSON CITY - The Federal Emergency Management Agency (FEMA) and state and local agencies held a public meeting Friday to... More >>
5 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 12:53:00 PM CDT in News
KANSAS CITY, Mo. (AP) — A zoo in western Missouri will soon have a saltwater tank allowing visitors to pet... More >>
5 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 12:46:58 PM CDT in News
COLUMBIA (AP) — An education official from Oregon will be interim chancellor for the University of Missouri Science and Technology.... More >>
6 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 12:40:00 PM CDT in News
SPRINGFIELD (AP) — Nearly 200 animals rescued from a home in southwest Greene County are being prepared for adoption at... More >>
6 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 12:32:22 PM CDT in News
SPRINGFIELD (AP) — The parents of a 10-year-old homicide victim have settled a wrongful death lawsuit with the man charged... More >>
6 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 12:25:00 PM CDT in News
ST. LOUIS (AP) — A 6-year-old girl is dead after being struck by a hit-and-run driver in St. Louis. ... More >>
6 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 12:19:11 PM CDT in News
Columbia, MO
Broken Clouds 59°
7pm 61°
8pm 60°
9pm 59°
10pm 58°

Select a station to view its upcoming schedule:

Coming Up Next

6:30p
Wheel of Fortune
7:00p
First Dates
8:00p
Dateline NBC
6:30p
Family Guy
7:00p
The Originals
8:00p
Reign

Tonight's Schedule

7:00p
First Dates
8:00p
Dateline NBC
7:00p
The Originals
8:00p
Reign
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld