Kansas City Housing Market Update July 2017
July 2017 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service.
Highlights from the July data include:
July 2017 average sales price for new & existing homes combined ($231,105) is 3.7% higher than July 2016.
There were 3,617 home sales (new & existing combined) for July 2017 – 3.8% lower than last July (3,760).
Home inventory (new & existing combined) for July 2017 (7,600) is 21.2% lower compared to July 2016.
The supply of new and existing homes for July 2017 is 2.4 months representing a home market favoring sellers.