overland park real estate update

Kansas City Housing Market Report November 2017

Kansas City Housing Market Update November 2017

November 2017 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service.

Highlights from the November data include:

November 2017 average sales price for new & existing homes combined ($230,105) is 8.5% higher than November 2016.

There were 3,001 home sales (new & existing combined) for November 2017 – 5.9% higher than last November 2016 (2,833).

Home inventory (new & existing combined) for November 2017 (7,256) is 17.7% lower compared to November 2016.

The supply of new and existing homes for November 2017 is 2.2 months representing a home market favoring sellers.

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