October 2023 Local Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Market Highlights from the September data include:
September 2023 average sales price for new and existing homes combined ($345,574) is 3.6% higher than September 2022.
There were 2,856 home sales (new and existing combined) for September 2023, which is 20.6% lower than last September (3,599).
Home inventory (new and existing combined) for September 2023 (5,854) is 12.4% lower compared to September 2022 (6,685).
The supply of new and existing homes for September 2023 is currently 2 months.