"The number of newly listed properties fell 23 percent in March compared to last year," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "Without more inventory of homes available for sale, the market will continue to favor sellers … [Read more...]
Kansas Housing Market Stats – February 2023
"Home sales have continued to fall in the face of rising mortgage rates," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "Inventories are still very tight, however, and home prices continue to rise despite the decline in … [Read more...]
Kansas Housing Market Stats – January 2023
"Sales activity last month was the lowest January figure we've seen since 2015," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "At that time, however, there were nearly two-and-a-half times as many homes available for sale. As a … [Read more...]
Kansas Housing Market Stats – December 2022
"Although inventories have risen somewhat in recent months, it will still be a sellers' market as we enter the new year," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "The inventory of homes available for sale at the end of … [Read more...]
Kansas Housing Market Stats – November 2022
"Total sales last month were the lowest November number since 2015," said KAR president Andrew Mall with Link Realty in Prairie Village. "Prices have continued to rise, however, because the inventory of homes available for sale remains incredibly … [Read more...]
Kansas Housing Market Stats – October 2022
"Home prices continue to rise despite the higher mortgage rates this Fall," said KAR president Andrew Mall with Link Realty in Prairie Village. "In October, 54 percent of all sales sold for a price at or above the original asking … [Read more...]
Kansas Housing Market Stats – September 2022
"While demand has slowed in recent months, tight inventories remain a problem," said KAR president Andrew Mall with Link Realty in Prairie Village. "At the end of September there were half as many homes available for sale as there were at the same … [Read more...]
Kansas Housing Market Stats – August 2022
"While bidding wars are not as common as they were in the spring, the market is still very competitive," said KAR president Andrew Mall with Link Realty in Prairie Village. "Fifty-seven percent of the sales in August were for prices that were at or … [Read more...]
Kansas Housing Market Stats – July 2022
"Although inventories have begun to rise in several markets across the state, they are still near historic lows and less than half of where they were at this time in 2018," said KAR president Andrew Mall with Link Realty in Prairie … [Read more...]
Kansas Housing Market Stats – June 2022
"Year-to-date, sales across the state are down 5.6 percent compared to the first half of 2021," said KAR president Andrew Mall with Link Realty in Prairie Village. "The lack of inventory appears to be the primary factor holding back sales this … [Read more...]