overland park real estate update

Kansas City Housing Market Report February 2018

Kansas City Housing Market Update February 2018

February 2018 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 2018 average sales price for new & existing homes combined ($217,757) is 3.7% higher than February 2017.

There were 2,179 home sales (new & existing combined) for February 2018 – 5.7% higher than last February 2017 (1,950).

Home inventory (new & existing combined) for February 2018 (5,852) is 21.5% lower compared to February 2017.

The supply of new and existing homes for February 2018 is 1.8 months representing a home market favoring sellers.

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