Kansas City Market Update

June 2017 Kansas City Housing Market Report

Kansas City Housing Market Update June 2017

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

Highlights from the June data include:

June 2017 average sales price for new & existing homes combined ($241,567) is 5.4% higher than June 2016.

There were 4,264 home sales (new & existing combined) for June 2017 – 3.2% lower than last June (4,406).

Home inventory (new & existing combined) for June 2017 (7,446) is 22.2% lower compared to June 2016.

The supply of new and existing homes for June 2017 is 2.2 months representing a home market favoring sellers.

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