overland park real estate update

Kansas City Housing Market Report August 2019

Kansas City Housing Market Update August 2019

AugustĀ 2019 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORSĀ® and Heartland Multiple Listing Service.

Highlights from the August data include:

August 2019 average sales price for new & existing homes combined ($255,104) is 6.3% higher than August 2018.

There were 4,073 home sales (new & existing combined) for August 2019, 3% lower than last August 2018 (4,200).

Home inventory (new & existing combined) for August 2019 (8,373) is 12.1% lower compared to August 2018.

The supply of new and existing homes for August 2019 is 2.5 months representing a home market favoring sellers.

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