overland park real estate update

Kansas City Housing Market Report July 2019

Wendy Kansas City, Local News Leave a Comment

Kansas City Housing Market Update July 2019

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

Highlights from the July data include:

July 2019 average sales price for new & existing homes combined ($256,989) is 6.3% higher than July 2018.

There were 4,102 home sales (new & existing combined) for July 2019 0.9% lower than last July 2018 (4,139).

Home inventory (new & existing combined) for July 2019 (8,187) is 10.7% lower compared to July 2018.

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

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