Market Statistics

“It remains a sellers’ market despite the decline in sales,” said KAR president Thomas Howe with McGrew Real Estate in Lawrence. “Homes are selling quickly and sellers are making few concessions. In April, only 40 percent of homes sold at a discount from the list price.” April 2023 Market Highlights Home sales in Kansas fell by 23.5% ...

“The number of newly listed properties fell 23 percent in March compared to last year,” said KAR president Thomas Howe with McGrew Real Estate in Lawrence. “Without more inventory of homes available for sale, the market will continue to favor sellers despite the drop in demand.” March 2023 Market Highlights Home sales in Kansas fell by 13.8% ...

“Home sales have continued to fall in the face of rising mortgage rates,” said KAR president Thomas Howe with McGrew Real Estate in Lawrence. “Inventories are still very tight, however, and home prices continue to rise despite the decline in sales.” February 2023 Market Highlights Home sales in Kansas fell by 12.5% in February 2023 compared to ...

“Sales activity last month was the lowest January figure we’ve seen since 2015,” said KAR president Thomas Howe with McGrew Real Estate in Lawrence. “At that time, however, there were nearly two-and-a-half times as many homes available for sale. As a result, it remains a sellers’ market across most of the state.” January 2023 Market Highlights Home ...

“Although inventories have risen somewhat in recent months, it will still be a sellers’ market as we enter the new year,” said KAR president Thomas Howe with McGrew Real Estate in Lawrence. “The inventory of homes available for sale at the end of December was 40 percent less than it was at the end of ...

“Total sales last month were the lowest November number since 2015,” said KAR president Andrew Mall with Link Realty in Prairie Village. “Prices have continued to rise, however, because the inventory of homes available for sale remains incredibly tight.” November 2022 Market Highlights Home sales in Kansas fell by 30.4% in November 2022 compared to the same ...

“Home prices continue to rise despite the higher mortgage rates this Fall,” said KAR president Andrew Mall with Link Realty in Prairie Village. “In October, 54 percent of all sales sold for a price at or above the original asking price.” October 2022 Market Highlights Home sales in Kansas fell by 21.5% in October 2022 compared to ...

“While demand has slowed in recent months, tight inventories remain a problem,” said KAR president Andrew Mall with Link Realty in Prairie Village. “At the end of September there were half as many homes available for sale as there were at the same time back in 2019.” September 2022 Market Highlights Home sales in Kansas fell by ...

“While bidding wars are not as common as they were in the spring, the market is still very competitive,” said KAR president Andrew Mall with Link Realty in Prairie Village. “Fifty-seven percent of the sales in August were for prices that were at or above the asking price.” August 2022 Market Highlights Home sales in Kansas fell ...

“Although inventories have begun to rise in several markets across the state, they are still near historic lows and less than half of where they were at this time in 2018,” said KAR president Andrew Mall with Link Realty in Prairie Village. July 2022 Market Highlights Home sales in Kansas fell by 16.5% in July 2022 compared ...