overland park real estate update

Kansas City Housing Market Report December 2017

Kansas City Housing Market Update December 2017

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

Highlights from the December data include:

December 2017 average sales price for new & existing homes combined ($229,525) is 7.3% higher than December 2016.

There were 2,765 home sales (new & existing combined) for December 2017 – 5.8% lower than last December 2016 (2,935).

Home inventory (new & existing combined) for December 2017 (6,453) is 17.3% lower compared to December 2016.

The supply of new and existing homes for December 2017 is 2 months representing a home market favoring sellers.

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