overland park real estate update

Kansas City Housing Market Report December 2019

Wendy Kansas City, Local News Leave a Comment

Kansas City Housing Market Update December 2019

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

Highlights from the December data include:

December 2019 average sales price for new & existing homes combined ($251,452) is 4.9% higher than December 2018.

There were 2,922 home sales (new & existing combined) for December 2019, 16.2% higher than last December 2018 (2,515).

Home inventory (new & existing combined) for December 2019 (6,593) is 19.5% lower compared to December 2018.

The supply of new and existing homes for December 2019 is 2 months representing a home market favoring sellers.

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