July 2019 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 2019 average sales price for new & existing homes combined ($256,989) is 6.3% higher than July 2018.

There were 4,102 home sales (new & existing combined) for July 2019 0.9% lower than last July 2018 (4,139).

Home inventory (new & existing combined) for July 2019 (8,187) is 10.7% lower compared to July 2018.

The supply of new and existing homes for July 2019 is 2.5 months representing a home market favoring sellers.