Northeast Kansas Home Sales Fell in July
Total home sales in the Northeast Kansas MLS System fell last month to 5 units, compared to 8 units in July 2016. Total sales volume was $0.4 million, down from a year earlier.
The median sale price in July was $73,000, down from $74,000 a year earlier. Homes that sold in July were typically on the market for 48 days and sold for 98.3% of their list prices.
Northeast Kansas Active Listings Up at End of July
The total number of active listings in the Northeast Kansas
MLS System at the end of July was 42 units, up from 35 at the same point in 2016. This represents a 8.4 months’ supply of homes available for sale. The median list price of homes on the market at the end of July was $89,400.
During July, a total of 4 contracts were written down from 6 in
July 2016. At the end of the month, there were 7 contracts
pending, compared to 8 at the end of July 2016.