Today I talk about Equity gain Year Over Year in the average home around the country and right here in Missouri. According to Corelogic Q2 Data Across the country, Average Equity gained by Homeowners is around $9,800 which translates into $620 billion Total YOY equity gain by US Homeowners. 6.6% YOY percentage increase in total home equity. In Missouri, we are over $10,000 average per homeowner.
Missouri Realtors Association reported its August 2020 numbers. There were 8,803 Residential properties sold a 5.6 + increase vs. August 2019. $197,500 is the Residential Median Sales Price a 12.2% increase vs. August 2019, $238,646 was the Residential Average Sales price a +14% increase vs. August 2019 and finally, there were over 2.1 billion in dollar volumes transacted a 20.3% increase vs. 2019 volume.
The final segment I am excited to share about my friend Jennifer Justice and her co-host Eric launched a podcast on October 1st, 2020 called Get Real KC. It is an interview-style podcast that interviews all sorts of experts. It is focused on consumer-facing Real Estate. Both of them did an excellent job interviewing Bobbi Howe Kansas City Regional Association of Realtors president. You can search for the podcast on Apple Podcast or Spotify "Get Real KC"
