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*Market Update* June 2018

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

Highlights from the June data include:

June 2018 average sales price for new & existing homes combined ($249,867) is 4.8% higher than June 2017.

There were 4,332 home sales (new & existing combined) for June 2018 5.6% lower than last June 2017 (4,590).

Home inventory (new & existing combined) for June 2018 (8,040) is 6.7% lower compared to June 2017.

The supply of new and existing homes for June 2018 is 2.4 months representing a home market favoring sellers.

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