KCRAR Market Update: June 2017

Highlights from the June data include:
  • June 2017 average sales price for new & existing homes combined ($241,567) is 5.4 percent higher than June 2016.
  • There were 4,264 home sales (new & existing combined) for June 2017  – 3.2 percent lower than last June (4,406) when inventory was higher.
  • Home inventory (new & existing combined) for June 2017 (7,446) is 22.2 percent lower compared to June 2016 (9,575).
  • The supply of new and existing homes for June 2017 is 2.3 months representing a home market favoring sellers.
Click the link below to view the full KCRAR Monthly Indicators Report.