Kansas Housing Market Stats – December 2016

“2016 was a tremendous year for Kansas housing markets,” said KAR president, Cindy White with Bill White Real Estate in Independence. “Sales across the state were up 7.5 percent for the year and the median sale price during the year rose by 3.2 percent to $160,000.”

December 2016 Market Highlights

  • Total sales volume was $549.5 million, an increase of 7.6% from a year earlier.
  • Months’ supply is down, but average sales price sees 6% lift from the same month last year.
  • The national average commitment rate on 30-year conventional mortgage for the week ending January 19, 2017 was 4.09%. View Freddie Mac’s report.

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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