The housing market in Kansas City and surrounding areas is in the midst of an important real estate move, one that is shifting the current area’s real estate in favor of sellers rather than potential buyers. The Parkville movers have found that through data gathered by the Kansas City Regional Association of Realtors that home sales are continuing to rise–up 11 percent from January 2012 to January 2013. New homes and existing homes are both posting higher sales volumes.

In keeping with the rising sales, the inventory of available homes is dwindling. The current supply is at about 4.9 months worth of existing homes for sale and a 5.7 month supply of new homes. Once the supply is under five months, it has shifted to the favor of the buyer. New homes carry a price tag averaging 12.5 percent higher than January 2012. The only element of sales that isn’t in the favor of sellers is that the prices for existing homes have dropped slightly, down 1 percent in comparison from January 2013 to January 2012 findings.