overland park real estate update

Kansas City Housing Market Report May 2019

Kansas City Housing Market Update May 2019

May 2019 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 2019 average sales price for new & existing homes combined ($256,336) is 4.5% higher than May 2018.

There were 4,134 home sales (new & existing combined) for May 2019 4.9% lower than last May 2018 (4,349).

Home inventory (new & existing combined) for May 2019 (7,737) is 7% lower compared to May 2018.

The supply of new and existing homes for May 2019 is 2.3 months representing a home market favoring sellers.

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