Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Aug. 22, 2025

Marissa Lightsey Named to Century 21's 30 Under 30 in 2025 - Central Missouri Real Estate Leader

Congratulations to Marissa Lightsey: Named a Century 21 30 Under 30 Honoree in 2025

Marissa Lightsey Head Shot

 

We are proud to announce that Marissa Lightsey, broker and owner of Century 21 Peak, Marking & Associates in Central Missouri, has been recognized as one of Century 21’s prestigious 30 Under 30 honorees for 2025. This award highlights the top 30 real estate professionals under the age of 30 across the Century 21 franchise who demonstrate exceptional performance, leadership, and dedication to their communities.

 

From Waitress to Award-Winning Real Estate Broker

 

Marissa’s journey to success is nothing short of inspiring. She began her career at 15 years old working at Stacy’s Place, a local diner in Mexico, MO, where she developed her strong people skills and work ethic. Later, she transitioned into the insurance industry at Gallaher insurance group, but her entrepreneurial spirit was calling.

 

At only 20 years old, Marissa opened her first business-a children’s clothing boutique on the downtown Mexico square. The boutique quickly became a local favorite, introducing her to thousands of families and community members. This experience sparked her passion for connecting with people and building lasting relationships.

 

Rising in Real Estate

 

A few years later, Marissa earned her real estate license and began her career with Century 21 in Mexico, Missouri. After just two years in the business, her drive and determination led her to purchase the company-transforming her role from agent to broker/owner of Century 21 Peak, Marking & Associates.

 

Her leadership has created a culture of growth and opportunity within the brokerage. Marissa is always looking for innovative ways to serve clients, support her agents, and strengthen the community.

 

A Well-Deserved Recognition

 

The 30 Under 30 Award is more than just a recognition of sales numbers-it reflects Marissa’s dedication to her clients, her commitment to her team, and her impact across Mid-Missouri. Her story proves that hard work, vision, and a genuine heart for people truly pay off.

 

On behalf of the entire Century 21 Peak, Marking & Associates family, we congratulate Marissa Lightsey on this incredible accomplishment. Her journey is an inspiration not only to those in the real estate industry but also to anyone chasing a dream.

 

Posted in Company News
Aug. 16, 2025

Mexico, MO Real Estate Market Update-July 2025

Mexico, MO Real Estate Market Update – July 2025

The Mexico housing market stayed active through July, with some interesting changes compared to last year. Whether you’re thinking of buying, selling, or just keeping an eye on the market, here’s what’s happening locally.

📊 More Homes on the Market

In July, there were 40 active listings in Mexico, almost the same as last year. But what stands out is that new listings jumped 45% compared to July 2024. That means more sellers are deciding now is the time to put their homes on the market, giving buyers more options than they’ve had in a while.

💵 Prices Show Mixed Signals

The median list price for homes was $177,200, down about 6% from last year.

  • The median sold price came in at $165,000, slightly lower than July 2024.
  • Interestingly, the average sale price dropped 24%, which tells us that more affordable homes made up a bigger share of sales this past month.

So while asking prices are holding fairly steady, the types of homes selling leaned more toward the lower price points.

🏠 How Fast Are Homes Selling?

Homes in Mexico are moving quicker than they have in months. The average days on market was 30 days, which is almost two weeks longer than last year, but the median days on market was only 19. That means half of the homes sold in July went under contract in less than three weeks.

🔄 Absorption Rate

The absorption rate—how long it would take to sell all current inventory at the current pace—was 3.24 months. That’s still under the 6-month “balanced market” benchmark, which means Mexico remains a seller’s market, even with more inventory coming online.

📈 What This Means for Buyers and Sellers

  • For Buyers: More listings give you better choices, but the best homes are still moving fast. If you find the right property, be ready to make a strong offer quickly.
  • For Sellers: Even though prices dipped slightly, homes are still selling at around 94–96% of list price. Well-priced homes in good condition are moving in under three weeks, which is great news if you’re considering selling.

 

Posted in Market Updates
July 31, 2017

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates