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

Highlights from the May data include:

May 2019 average sales price for new & existing homes combined ($256,336) is 4.5% higher than May 2018.

There were 4,134 home sales (new & existing combined) for May 2019 4.9% lower than last May 2018 (4,349).

Home inventory (new & existing combined) for May 2019 (7,737) is 7% lower compared to May 2018.

The supply of new and existing homes for May 2019 is 2.3 months representing a home market favoring sellers.