The metro Kansas City market had a great month this past August, with the Home Builder Association of Greater Kansas City sharing that there were 354 single-family permits issued last month—bringing the total for the year up to 2,710 permits, which is a 33.7 percent leap over 2012 and the strongest performing year thus far since 2007. In addition, Jackson and Johnson counties are both posting positive growth by about 40 percent from 2012 numbers, and the apartment aspect of the real estate market is continuing to be strong and growing substantially.

The Lenexa local movers have found that there was a 77.1 percent growth in multi-family residential permits in the area. As far as sales growth, there was a 9 percent rise in residential property sales, and the average sales price was 12 percent higher than 2012 data shows. Also, the supply in the area shows that the local market favors both buyers and sellers, with a healthy supply available but not overly so.

Hopefully the momentum continues, and 2013 proves to be one of the strongest recent years on record. We’ll keep you posted as real estate data pertaining to the local market comes available.