Super Bowl LIX: Kansas City Chiefs vs. Philadelphia Eagles
Tale of Two Markets (Real Estate Edition)
| Category | Kansas City Chiefs | Philadelphia Eagles |
|---|---|---|
| Market Value Index | 39 (Advantage Seller) | 33 (Balanced Market) |
| Home Prices | Median List Price: $235,000 | Median List Price: $259,900 |
| Speed of Sales | Median Days on Market: 84 | Median Days on Market: 98 |
| Inventory | Homes for Sale: 1010 | Homes for Sale: 2000 |
Analysis:
- Market Health: Kansas City has a Market Value Index (39), suggesting a more seller-friendly market compared to Philadelphia’s Market Action Index of 33 (Closer to a balanced market).
- Home Prices: Philadelphia has a higher median list price ($259,900), indicating that homes there cost $24,000 more than in Kansas City ($235,000).
- Speed of Sales: While Kansas City homes sell slightly faster at 84 days compared to Philadelphia’s 98, the 14 day difference is relatively minor.
- Inventory: Philadelphia has a significantly larger inventory of homes for sale (2000) compared to Kansas City (1010). This gives buyers in Philadelphia more options.
The Verdict:
While Kansas City still has a slightly stronger seller’s market and marginally faster sales, the key differentiator is now the sheer volume of inventory in Philadelphia. Philadelphia offers buyers a much wider selection of homes.
How this translates to the football field is anyone’s guess! It’s a fun way to compare the two cities beyond their football teams.
Source: Altos Research: KC and Philly
Want help applying this in your brokerage? Book a 30-minute conversation with Mark at calendly.com/mjsession.
