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

Highlights from the September data include:

September 2017 average sales price for new & existing homes combined ($223,657) is 4% higher than September 2016.

There were 3,239 home sales (new & existing combined) for September 2017 – 6.9% lower than last September 2016 (3,478).

Home inventory (new & existing combined) for September 2017 (7,957) is 16.7% lower compared to September 2016.

The supply of new and existing homes for September 2017 is 2.5 months representing a home market favoring sellers.