Below you will find an overview of the 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 percent higher than May 2018.
There were 4,134 home sales (new & existing combined) for May 2019 - 4.9 percent lower than last May (4,349).
Home inventory (new & existing combined) for May 2019 (7,737) is 7 percent lower compared to May 2018 (8,315).
The supply of new and existing homes for May 2019 is 2.3 months representing a home market favoring sellers.
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