Northeast Kansas Home Sales Rose in October
Total home sales in the Northeast Kansas MLS System rose by 75.0% last month to 7 units, compared to 4 units in October 2017. Total sales volume was $0.4 million, down 5.7% from a year earlier. The median sale price in October was $40,000, down from $80,750 a year earlier. Homes that sold in October were typically on the market for 94 days and sold for 90.5% of their list prices.
Northeast Kansas Active Listings Up at End of October
The total number of active listings in the Northeast Kansas MLS System at the end of October was 70 units, up from 59 at the same point in 2017. This represents a 11.8 months’ supply of homes available for sale. The median list price of homes on the market at the end of October was $68,000. There were 5 contracts written in October 2018 and 2017, showing no change over the year. At the end of the month, there were 4 contracts pending, compared to 3 at the end of October 2017.