March 2019 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 2019 average sales price for new & existing homes combined ($238,762) is 3.1% higher than March 2018.

There were 2,805 home sales (new & existing combined) for March 2019 12.8% lower than last March 2018 (3,216).

Home inventory (new & existing combined) for March 2019 (6,832) is 5.2% lower compared to March 2018.

The supply of new and existing homes for March 2019 is 2.1 months representing a home market favoring sellers.