Topeka Area Home Sales Fell in December
Total home sales in the Topeka area fell last month to 224 units, compared to 240 units in December 2015. Total sales volume was $33.2 million, up from a year earlier.

The median sale price in December was $122,450, down from $125,000 a year earlier. Homes that sold in December were typically on the market for 23 days and sold for 98.0% of their list prices.

Topeka Area Active Listings Down at End of December
The total number of active listings in the Topeka area at
the end of December was 678 units, down from 834 at
the same point in 2015. This represents a 3.0 months’
supply of homes available for sale. The median list price
of homes on the market at the end of December was
$109,900.
During December, a total of 156 contracts were written
down from 205 in December 2015. At the end of the
month, there were 225 contracts pending, compared to
293 at the end of December 2015.