overland park real estate update

Kansas City Housing Market Report March 2018

Kansas City Housing Market Update March 2018

March 2018 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service.

Highlights from the March data include:

March 2018 average sales price for new & existing homes combined ($234,293) is 8% higher than March 2017.

There were 3,076 home sales (new & existing combined) for March 2018 – 5.3% lower than last March 2017 (3,247).

Home inventory (new & existing combined) for March 2018 (6,287) is 18.1% lower compared to March 2017.

The supply of new and existing homes for March 2018 is 1.9 months representing a home market favoring sellers.

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