overland park real estate update

Kansas City Housing Market Report October 2019

Wendy Kansas City, Local News Leave a Comment

Kansas City Housing Market Update October 2019

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

Highlights from the October data include:

October 2019 average sales price for new & existing homes combined ($242,308) is 1.8% higher than October 2018.

There were 3,397 home sales (new & existing combined) for October 2019, .46% higher than last October 2018 (3,383).

Home inventory (new & existing combined) for October 2019 (8,370) is 12.4% lower compared to October 2018.

The supply of new and existing homes for October 2019 is 2.5 months representing a home market favoring sellers.

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