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*Market Update* April 2018

April 2018 Kansas City Housing Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service.

Highlights from the April data include:

April 2018 average sales price for new & existing homes combined ($237,307) is 8.2% higher than April 2017.

There were 3,243 home sales (new & existing combined) for April 2018 – .7% lower than last April 2017 (3,266).

Home inventory (new & existing combined) for April 2018 (6,558) is 15.3% lower compared to April 2017.

The supply of new and existing homes for April 2018 is 2 months representing a home market favoring sellers.

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