David Nichols, Lee's Summit Real Estate

Bellow you will find market statistics for the Lee's Summit area. These stats show the year to date totals so far through 2008. These numbers show the average days on market for Lees Summit to be 40.

Clearly, homes in Lees Summit are selling and the market is continuing to show signs of improvement. Homes in Lees Summit that are priced properly and are in good condition are selling and are selling quickly. There appaers to be a lag in properties that are above $200k and there is a shortage of affordable housing in Lees Summit.

For more information or to discuss the market and how it is impacting your property please contact David Nichols at 816-536-1334 or email to DN@mykchometeam.com

Month	Year	Units Listed	Listed Volume	Listed Average	Units Sold	Sold Volume	Sold Average	Average DOM
Dec	2007	162	41,729,692	257,590	134	27,283,066	203,604	35
Jan	2008	248	60,466,054	243,814	109	22,161,418	203,315	50
Feb	2008	256	60,987,757	238,233	130	29,892,247	229,940	39
Mar	2008	316	85,230,568	269,716	153	31,368,463	205,022	39
Apr	2008	299	74,094,802	247,808	159	31,697,839	199,357	39
May	2008	301	79,263,132	263,332	180	36,296,198	201,645	38
Jun	2008	323	77,601,923	240,253	171	34,627,862	202,502	36
Jul	2008	291	70,733,163	243,069	171	38,394,852	224,531	32
Aug	2008	262	65,116,380	248,535	173	35,697,298	206,342	35
Sep	2008	97	23,044,925	237,576	39	9,108,071	233,540	52
Totals:		2555	638,268,396	249,812	1419	296,527,314	208,969	40

Total Listed:2555	Off Market Units:1001	Sold Units:1419	Remaining Units:135 * Inventory Accum.:0.95 **
Min Sold Price: $31,000	Average Sold Price: $208,969	Median Sold Price: $174,900	Max Sold Price: $2,265,000
* Remaining Units = (Total Listed) - (Off Market Units + Sold Units)
** Inventory Accumulation (in months) = (Remaining Units)/(Sold Units/Months)

© Copyright 1999-2008 Heartland Multiple Listing Service - Information Deemed Reliable but Not Guaranteed.

Looking for something fun to do this weekend?

Come out to Strotherfest Friday July 18 and Saturday July 20

The following is a list of events scheduled for the festival

BBQ Beef & Pork, Hoagies, Ice Cream, Funnel Cakes and great food

Bingo, games, craft vendors

1:30 PM, Kids 2 Leaders

3:00 PM, Angela Stoecklein, vocalist

5:00 PM, EMMA JO & THE POETS DOWN HERE

8:00 PM, JEFF WOOD

9:00 PM, THE ELDERS
Live and on stage, America's best Celtic Rock/Folk band & they herald from the heartland. Bring your lawn chairs.

SATURDAY, JULY 19

8:00 AM, The fun begins all over again with an ANTIQUE CAR SHOW followed by Lee's Summit's very own "Top of the Summit" talent contest for local singing idols.

11:00 AM, TOP OF THE SUMMIT talent contest...click here for entry info

1:15 PM, KC STRUT

2:15 PM, TRAMPLED UNDERFOOT

3:30 PM, AZ-UR BAND

4:45 PM, DRIVE 13, KC Chiefs Locker Room
Show Band

6:00 PM, PHIL ANCONA, vocalist

7:00 PM, JEFF WOOD

8:00 PM, TOP OF THE SUMMIT FINALS

9:00 PM LIVERPOOL arrives! Don't miss this opportunity for a night full of Beatles music and memories.

Please, NO Coolers and NO pets.

Strotherfest will take place at:

This announcement brought to you by David Nichols and The Nichols/Ersery Home Team, Serving Lee's Summit and the surrounding communities.

I just helped prevent 5 homes from going to foreclosure!

I CAN HELP YOU but, you must call me before it is too late. THIS IS NOT A SCAM!

Are you behind on your mortgage payment?

Do you owe more than your home is worth due to declining home values?

Is the possibility of foreclosure becoming a reality for you?

Have you thought about selling your home but just cannot make it happen when you add the REALTOR fees and closing cost into the picture?

If you answered yes to any or all of these questions, you may want to consider a SHORT SALE.

If the Mortgage Balance you owe, combined with the selling fee's, exceeds the price you can reasonably expect to receive, a short sale may be able to help you.

Although a short sale will adversely affect your credit, it is SUBSTANTIALLY better than a foreclosure.

David Nichols is your local short sale expert.

DON'T DELAY!

The sooner you start the process, the better off you will be. David has helped many families in this situation but quick action is the key.

David will contact the Lender on your behalf, and begin the process negotiating with them to accept a short sale.

He may be able to get the lenders to pay the Realtor Fee's, Closing Costs, and forgive any deficiency you have in the mortgage balance.

Your lender DOES NOT WANT TO FORECLOSE on you, but they will unless you act.

Once David gets a "Green Light" from your lender he will list the home and place it in the Nichols/Ersery Home Team's "Fast Acting" Marketing program. David will work with you and your lender to get the home sold.

If you are falling behind and cannot pay your mortgage, WE CAN HELP!

We offer a no cost or obligation consultation.

David Nichols

816-536-1334

DN@mykchometeam.com

For Immediate Release

RE/MAX Heartland, Realtors and The Nichols/Ersery Home Team are proud to announce that David Nichols was recently selected for inclusion in The Best of the U.S.'s 2008 list of the best professional in the U.S.

RE/MAX Heartland services Jackson and Cass Counties in Missouri with offices in Lee's Summit, Independence, Raytown, Blue Springs and Oak Grove.

David Nichols joined RE/MAX Heartland Realtors in the summer of 2007 after working with RE/MAX Realty Group for the past 11 years where he received multiple awards including the prestigious RE/MAX Platinum award 6 times in the past 7 years. David Nichols was inducted into the RE/MAX Hall of Fame in 2007.

David specializes in residential homes in the Kansas City metro area. He has assisted hundreds of people in obtaining their real estate goals. "This award really goes to my past clients. They have done such an amazing job of telling their friends and family about our services and how hard we work for them. I'm just really blessed to have such an amazing job where I get to work with such great clients," David said.

The Best of the U.S. LLC is an independent research firm that provides a free Internet search engine at BestOfUS.com that lists the "Best of Class" service providers throughout the United States. Those professionals included in The Best of the U.S. list have displayed an exemplary commitment to their profession, their community and to their clients. The Best of the U. S. recognizes those professionals that continue their education in an effort to stay current in their chosen profession and continue to distinguish themselves among their peers.

Like most Realtors, it has been a LONG winter for the Nichols/Ersery Home Team.

The mortgage meltdown may not have hit the Kansas City or Jackson County real estate market as hard as it did my friends on the east coast, but knowing that still did not make it any less painful.

Two weeks ago I was looking forward to another slow week. Not that I wanted to be slow, but my children's Spring Break was coming and I thought I would spend some quality time with the kids.

Then BOOM or BLOOM, it warmed up and every lead I had been chasing for months called and wanted my attention...NOW!

Isn't that the way it is? For the past 11 years, I haver joked with my wife that all i need to do when things got slow was schedule a vacation.

I listed four homes this week and have two more appointments next week. I even wrote an offer on a HUD property in Independence and I actually think my client is going to win this one!

Traffic to my website is up... way up! Already this month over 2500 unique visitors. We had 35 people register on our website this week... and most actually gave working e-mail address. Oh, the tire kickers are sniffing around and that is a GREAT sign for real estate in Jackson County.

I have had this one home listed since November and I'm lucky to get two showings a month. This week? 7!!! Yes, that is a seven!

Could it be that buyers are starting to gain some confidence? Stay tuned, if I'm not too busy I'll tell you how next week ends up. It is supposed to get cold and may even snow again. Hopefully this wont drive those fickle buyers back into their hole for another 6 weeks!

I'll post our market stats in about two weeks and we can all see if this week was just a fluke for me or if the entire market is picking up.

David Nichols