December 2018 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 2018 average sales price for new & existing homes combined ($241,121) is 6% higher than December 2017.

There were 2,423 home sales (new & existing combined) for December 2018 17.8% lower than last December 2017 (2,946).

Home inventory (new & existing combined) for December 2018 (7,372) is 2.3% lower compared to December 2017.

The supply of new and existing homes for December 2018 is 2.2 months representing a home market favoring sellers.