Kansas City Housing Market Update May 2019
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.