Kansas Housing Market Stats – March 2017

March 2017 KAR Market Stats“Sale prices are rising rapidly in the wake of tight inventories” said KAR president, Cindy White with Bill White Real Estate in Independence. “In March there was less than a 3 months’ supply of homes available for sale priced between $100,000 and $300,000 across the state.”

March 2017 Market Highlights

  • Home sales in Kansas rose 1.4% in March, national home sales saw a more significant increase of 5.9%.
  • Sales prices continue to rise. The average sale price in Kansas was $188,575 in March – a 4.3% increase over last year and an increase over the previous month’s (February 2017) average price of $183,365.
  • The national average commitment rate on 30-year conventional mortgage for the week ending April 20, 2017 was 3.97%. A year ago at this time the rate was 3.59. View Freddie Mac’s report.

To view February’s market statistics, click here.

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