Kansas City Housing Market Update

Kansas City Housing Market Stats

Interest Rates have ticked up slightly recently but they are not expected to have a significant impact on the Kansas City Housing Market.

Housing Market Stats
Pending Home Sales Increased 9.5%
Closed Sales Increased 10.8%
Inventory Levels are down 25.9%
Median Sale Price is up 7.6% to $178,000
Months Supply of Inventory is down 30% to 2.1 Months
Sale Price to List Price ration is 95.7% which is up 1.1%

The good news continues for Kansas City Area Home Sellers. Tight inventory and good demand.

For buyers the good news is that interest rates remain low.

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