I would watch price and pace before making a move.
If you're trying to decide whether to act now or wait, the first question is simple does the market give you enough room to move with confidence? Last month in Kansas City, KS, a typical sale took 39 days and the sold price landed at $241,375, so I would not treat this as a rush-to-the-door market.
Last month, Kansas City, KS was still leaning toward sellers, but the pace was not tight enough to ignore caution. A typical sale took 39 days, and homes closed at 99.8% of asking, which tells me serious pricing still matters.
For sellers, that combination means I would price with discipline from day one instead of testing the market and hoping for a correction later. For buyers, it means I would expect less room to force the issue when a home is priced well.
I would make two moves right away. First, I would study how long a home has been sitting before I decide how strong the offer needs to be. Second, I would compare asking price to the recent sold price so I can see where the room really is in Kansas City, KS.
