We're pleased to see the local real estate market has continued to improve in 2019. We're also pleased to see local Realtors are plowing some of those profits back into the community.
The Jefferson City Board of Realtors announced Monday the number of single-family home sales in the Jefferson City area real estate market (Cole, Callaway, Moniteau and Osage counties) is 1,520. That's 36 more than last year and 79 more than two years ago.
Other related numbers are up as well. The average sale price has gone from about $155,000 in 2017 to $163,000 in 2018 to $171,000 in 2019. Meanwhile, the average days on the market have decreased from 72 to 63 to 59.
That's a good sign for the Jefferson City economy, which took a hit from dual natural disasters last year.
The local Board of Realtors has helped in that regard, too.
After the tornado and flooding, the agency helped 87 area families totaling $66,761. It considers this its most important effort of 2019.
The agency also has helped other local charitable agencies, including Council for Drug Free Youth, HALO, Capital City Diaper Bank, CASA, Toys for Tots, Habitat for Humanity, The Salvation Army and Samaritan Center. It also has sponsored a poster contest for area fourth-, fifth- and sixth-graders.
Just as we've commended the River City Habitat for Humanity for helping with affordable housing in the wake of the tornado, we also commend the Realtors for their contributions.
Our hope is for those who lost housing in the tornado to use the helping hands offered by various local agencies to get back on their feet. With hard work and savings, those with an apartment or temporary housing can hopefully in turn purchase a home from a local Realtor.