Kansas Housing Market Stats – August 2019

“Average home prices across the state continue to rise,” said KAR president, Steve LaRue with McGrew Real Estate in Lawrence. “Year-to-date the average sale price is up 3.6 percent compared to 2018.”

August 2019 Market Highlights

  • Home sales in Kansas rose by 2.7% percent in August 2019 compared to the same period last year. National sales had a increase with sales rising 2.6% over 2018.
  • Home prices continue to increase across the state. The statewide average sale price in July was $222,108 a 5.1% increase compared to last year. Midwest prices rose 6.6% and US prices rose 4.7%.
  • Mortgage rates are holding steady. The national average commitment rate on 30-year conventional mortgage for the week ending September 13, 2019 was 3.73%. View Freddie Mac’s report.

To view July stats, click here.

For national perspective, click here to watch NAR’s new “Housing Minute” video update.

KAR – The Voice of Real Estate in Kansas

The Kansas Association of REALTORS® (KAR) provides members with market data to better serve clients and ensure they make decisions based on the most accurate information in the marketplace.

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