overland park real estate update

Kansas City Housing Market Report October 2017

Kansas City Housing Market Update October 2017

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

Highlights from the October data include:

October 2017 average sales price for new & existing homes combined ($228,700) is 6.1% higher than October 2016.

There were 3,056 home sales (new & existing combined) for October 2017 – .6% lower than last October 2016 (3,075).

Home inventory (new & existing combined) for October 2017 (7,665) is 16.9% lower compared to October 2016.

The supply of new and existing homes for October 2017 is 2.4 months representing a home market favoring sellers.

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