overland park real estate update

Kansas City Housing Market Report November 2019

Wendy Kansas City, Local News Leave a Comment

Kansas City Housing Market Update November 2019

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

Highlights from the November data include:

November 2019 average sales price for new & existing homes combined ($248,317) is 4.2% higher than November 2018.

There were 2,881 home sales (new & existing combined) for November 2019, 8% lower than last November 2018 (3,132).

Home inventory (new & existing combined) for November 2019 (7,703) is 17% lower compared to November 2018.

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

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