Looking to sell your Kansas City home? Lucky you, your home is likely in demand! Currently, the market in Kansas City is so hot, that real estate agents are advising their clients to move quickly or the houses the want will be gone. So how limited is the inventory available for purchase? At the current sales rate, there was just a 4.8-month supply in March, down from the 7.1-month supply in March 2012. The market for new homes, however, is more balanced, with a 6.3-month supply at the current sales pace compared to 8 months in 2012.

Homes are going so quickly, they are even garnering multiple offers. There were 10,593 existing homes listed in the area in March, down 2 percent from a year ago and almost 19 percent lower compared to March 2012. As a result of that shortage, sales were actually down 9 percent in March over last year, the most recent month statistics are available, according to the Realtors association. If you are interested in buying a home in Kansas City – act quickly and be sure you are pre-approved and ready to make an offer.