Kansas City Market Update

July 2017 Kansas City Housing Market Report

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.

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