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Super Bowl LIX: Kansas City Chiefs vs. Philadelphia Eagles

Super Bowl LIX: Kansas City Chiefs vs. Philadelphia Eagles

Tale of Two Markets (Real Estate Edition)

CategoryKansas City ChiefsPhiladelphia Eagles
Market Value Index  39 (Advantage Seller) 33 (Balanced Market)
Home PricesMedian List Price: $235,000Median List Price: $259,900
Speed of SalesMedian Days on Market: 84Median Days on Market: 98
InventoryHomes for Sale: 1010Homes 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

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Mark Johnson

Mark's passion and expertise is enabling real estate broker-owners and team leaders to create the systems, structure, and processes to support their growth. He also enjoys sharing his thoughts on business success on his blog: www.winningtheday.blog

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