Kansas City Market Update

February 2017 Kansas City Housing Market Report

Kansas City Housing Market Update Feb 2017

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

Highlights from the February data include:

February 2017 average sales price for new & existing homes combined ($210,432) is 9.5% higher than February 2016.

There were 1,973 home sales (new & existing combined) for February 2017 – 3.1% lower than last February (2,037).

Home inventory (new & existing combined) for February 2017 (6,561) is 22.1% lower compared to February 2016.

The supply of new and existing homes for February 2017 is 2.0 months representing a home market favoring sellers.

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