Kansas City Market Update

April 2017 Kansas City Housing Market Report

Kansas City Housing Market Update April 2017

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

Highlights from the April data include:

April 2017 average sales price for new & existing homes combined ($220,283) is 4.1% higher than April 2016.

There were 3,153 home sales (new & existing combined) for April 2017 – 8.9% lower than last April (3,461).

Home inventory (new & existing combined) for April 2017 (6,803) is 25.5% lower compared to April 2016.

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

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