overland park real estate update

Kansas City Housing Market Report July 2018

Kansas City Housing Market Update July 2018

July 2018 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service.

Highlights from the July data include:

July 2018 average sales price for new & existing homes combined ($242,691) is 6.3% higher than July 2017.

There were 4,029 home sales (new & existing combined) for July 2018 5.3% higher than last July 2017 (3,828).

Home inventory (new & existing combined) for July 2018 (8,328) is 5.3% lower compared to July 2017.

The supply of new and existing homes for July 2018 is 2.5 months representing a home market favoring sellers.

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