KC bucks home-price trend in walkable neighborhoods

Nationwide, sale prices for homes in car-dependent neighborhoods rose 4.3% from a year go, whereas walkable areas saw an increase of just 2.3% as many home buyers have been priced out of walkable neighborhoods.

But Kansas City joined 20 metros in bucking that trend: Homes in the metro's walkable neighborhoods rose 11.7% vs. 6.1% for car-dependent areas, according to Redfin, a Seattle-based real estate brokerage. The Redfin report compares data from July 2019 to July 2018. (See the full report here.)


Previous Real Estate Notebook: GlenCastle project funded; Workforce housing; Wildwood building sells
Next 'Major growth phase': Momentum Dynamics finds new HQ, goes on a hiring binge

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *