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 August 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.

Page Reader Press Enter to Read Page Content Out Loud Press Enter to Pause or Restart Reading Page Content Out Loud Press Enter to Stop Reading Page Content Out Loud Screen Reader Support