overland park real estate update

Kansas City Housing Market Report January 2020

Wendy Kansas City, Local News Leave a Comment

Kansas City Housing Market Update January 2020

January 2020 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORSĀ® and Heartland Multiple Listing Service.

Highlights from the January data include:

January 2020 average sales price for new & existing homes combined ($241,632) is 2.9% higher than January 2019.

There were 2,093 home sales (new & existing combined) for January 2020, 3.8% higher than last January 2019 (2,017).

Home inventory (new & existing combined) for January 2020 (6,261) is 22.2% lower compared to January 2019.

The supply of new and existing homes for January 2020 is 1.9 months representing a home market favoring sellers.

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