January 2018 Housing Stats

January 2018 Snapshot

Highlights from the January data include:

  • January 2018 average sales price for new & existing homes combined ($229,525) is 7.3 percent higher than January 2017.
  • There were 2,765 home sales (new & existing combined) for January 2018  – 5.8 percent lower than last January (2,935) when inventory was higher.
  • Home inventory (new & existing combined) for January 2018 (6,453) is 17.3 percent lower compared to January 2017 (7,800).
  • The supply of new and existing homes for January 2018 is 2.0 months representing a home market favoring sellers.

If you would like the full report, which includes New Construction, Closed Sales, Median Price, and more; please contact me.

Published by derekespeer

I'm a husband, father, Kansas City native, Real Estate Broker, Coach, Mizzou Tiger, sportsfanatic, food enthusiast, and real estate junky.

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