overland park real estate update

Kansas City Housing Market Report May 2018

Kansas City Housing Market Update May 2018

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

Highlights from the May data include:

May 2018 average sales price for new & existing homes combined ($247,255) is 5.9% higher than May 2017.

There were 4,115 home sales (new & existing combined) for May 2018 – 1.1% lower than last May 2017 (4,160).

Home inventory (new & existing combined) for May 2018 (7,206) is 9% lower compared to May 2017.

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

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