Jefferson City area home sales jump

Surge in closings driven by state workers

Residential home sales jumped more than 20 percent in Jefferson City during the first half of the year, the Jefferson City Area Board of Realtors reported.

The number of single-family homes sold between Jan. 1 and May 31 this year was 417, compared to 346 last year, a 20.52 percent increase.

Chris Christian, a Realtor and president of the local Realtors board, acknowledged home sales are driven in large part by the state workforce. “The fact that people seem less in fear of layoffs and things like that at the state maybe leading to some of that confidence that we’re feeling,” he said.

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Comments

JCsleeper 1 year ago

Must be a result of all those pay raises the legislature has been studying.

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JCNYer 1 year ago

But what they don't report is how many have been foreclosed in the last year.

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melbrooks 1 year ago

RealtyTrac indicates Cole County's foreclosure rate in May was 1 in every 6465 housing units. For Missouri, it was 1 in every 1081. For the US, was 1 in 639. So the foreclosure rate is roughly six times less in Cole County than the state as a whole, and ten times less than the nation.

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