overland park real estate update

Kansas City Housing Market Report August 2017

Kansas City Housing Market Update August 2017

August 2017 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service.

Highlights from the August data include:

August 2017 average sales price for new & existing homes combined ($227,121) is 2.4% higher than August 2016.

There were 3,632 home sales (new & existing combined) for August 2017 – 2.8% lower than last August (3,735).

Home inventory (new & existing combined) for August 2017 (7,437) is 22.3% lower compared to August 2016.

The supply of new and existing homes for August 2017 is 2.3 months representing a home market favoring sellers.

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