Kansas City Housing Market Update December 2017
December 2017 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service.
Highlights from the December data include:
December 2017 average sales price for new & existing homes combined ($229,525) is 7.3% higher than December 2016.
There were 2,765 home sales (new & existing combined) for December 2017 – 5.8% lower than last December 2016 (2,935).
Home inventory (new & existing combined) for December 2017 (6,453) is 17.3% lower compared to December 2016.
The supply of new and existing homes for December 2017 is 2 months representing a home market favoring sellers.