Kansas Housing Market Stats – May 2017

“Good homes continue to sell very quickly,” says KAR president, Cindy White with Bill White Real Estate in Independence. “Across the state, the median days on market was just 21 days in May.”

April 2017 Market Highlights

  • May home sales in Kansas were up 2.8% over last year. This was a rebound from a previous month’s drop of 7.5% in April 2017.
  • Houses are selling quickly and sale prices continue to rise. The average sale price in Kansas was $204,646 in May – a 4.6% increase over last year and a 6.1% increase over the previous month’s (April 2017) average price of $192,862.
  • The national average commitment rate on 30-year conventional mortgage for the week ending June 15, 2017 was 3.89%. A year ago at this time the rate was 3.54. View Freddie Mac’s report.

To view April stats, 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.

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