Kansas City Market Update

March 2017 Kansas City Housing Market Report

Kansas City Housing Market Update March 2017

March 2017 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service.

Highlights from the March data include:

March 2017 average sales price for new & existing homes combined ($217,014) is 8.4% higher than March 2016.

There were 3,132 home sales (new & existing combined) for March 2017 – 1.1% higher than last March (3,099).

Home inventory (new & existing combined) for March 2017 (6,748) is 21.9% lower compared to March 2016.

The supply of new and existing homes for March 2017 is 2.1 months representing a home market favoring sellers.

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