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

Highlights from the November data include:

November 2018 average sales price for new & existing homes combined ($239,110) is 5% higher than November 2017.

There were 3,039 home sales (new & existing combined) for November 2018 4.2% lower than last November 2017 (3,212).

Home inventory (new & existing combined) for November 2018 (8,425) is 0.3% higher compared to November 2017.

The supply of new and existing homes for November 2018 is 2.5 months representing a home market favoring sellers.