Fall Parade of Homes to showcase over 120 Wichita-area houses
The 2023 edition of the Wichita Area Builders Association’s Fall Parade of Homes returns Saturday with more homes built by more builders than the year before.
WABA announced Thursday that 124 new houses — constructed by 49 of the area’s homebuilders — will be a part of the multi-weekend event. That tops the 102 homes from 46 builders the Parade of Homes had last fall.
The properties will be open from noon to 6 p.m. on Sept. 30-Oct. 1, Oct. 7-8 and Oct. 14-15.
Featured homes are listed anywhere from $201,000 to over $1.7 million.
“The Fall Parade of Homes lets you tour a wide variety of homes and neighborhoods quickly without scheduling individual showings and gives you the opportunity to experience the benefits of newly built homes,” said Wess Galyon, president and CEO of the Wichita Area Builders Association, in a news release. “The customization and efficiency, as well as the hugely popular open floor plans and state-of-the-art, modern kitchens really make buying a brand-new home a smart choice for home buyers.”
According to NewHomesWichita.com, where more information on the event and each home is available, this year’s Parade will feature properties in Wichita and several surrounding communities — including Andover, Bel Aire, Derby, Goddard, Haysville, Maize, Park City and Rose Hill.
During Saturday and Sunday Parade hours, real estate professionals will be at each location to answer prospective homebuyer questions and provide information on available incentives, as well as the amenities and specifications of each house.
The 2023 Fall Parade of Homes occurs against a backdrop of challenges for those interested in new homeownership due to persistently low housing inventory alongside an elevated interest rate and mortgage rate environment.
In its 2024 Kansas Housing Markets Forecast released Thursday, Wichita State University’s Center for Real Estate predicted that home sales volume in the Wichita area will close the year down 10.4%, at 9,470 units, and then decline further in 2024 to 9,390 units.
However, primarily due to low supply, prices are expected to finish 2023 up 4.2% and rise another 3.4% next year, according to the forecast.
