overland park real estate update

Kansas City Housing Market Report August 2018

Kansas City Housing Market Update August 2018

August 2018 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 2018 average sales price for new & existing homes combined ($239,647) is 6.5% higher than August 2017.

There were 4,075 home sales (new & existing combined) for August 2018 4.9% higher than last August 2017 (3,886).

Home inventory (new & existing combined) for August 2018 (8,667) is 1.3% lower compared to August 2017.

The supply of new and existing homes for August 2018 is 2.5 months representing a home market favoring sellers.

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