Topeka Area Home Sales Rose in November
Total home sales in the Topeka area rose by 16.0% last month to 239 units, compared to 206 units in November 2015. Total sales volume was $36.3 million, up 17.0% from a year earlier.

The median sale price in November was $133,000, up from $125,000 a year earlier. Homes that sold in November were typically on the market for 27 days and sold for 98.0% of their list prices.

Topeka Area Active Listings Down at End of
November
The total number of active listings in the Topeka area at the end of November was 804 units, down from 953 at
the same point in 2015. This represents a 3.4 months’
supply of homes available for sale. The median list price
of homes on the market at the end of November was
$112,700.

During November, a total of 185 contracts were written
down from 191 in November 2015. At the end of the
month, there were 273 contracts pending, compared to
335 at the end of November 2015.