Real Estate Agent ยท Kansas City ยท Member since 2018 ยท 4k+ posts ยท 3k+ votes
Heartland is the MLS that covers Kansas City. Typically it's an hour radius. Every month they post the recent months statistics. This encompasses the whole Heartland so take that into account.
๐ Average sale price: $399,619, up 7.7% YoY
๐ Average days on market: 42 days, up 7.7%
๐ฆ Months of supply: 2.8 months, down 3.4%
๐ค Closed sales: 3,116, down 6.7%
๐ Pending sales: 2,620, down 15%
๐๏ธ Total inventory: 8,832, down 1.1%
๐ฐ Sellers received an average of 97% of original list price
It's an interesting market. We are seeing DOM slowly tick up but inventory and activity slow down. We will see how the rates effect things but I think these trends will continue. Many pockets are still lacking supply so it's very area specific.