Low Inventory Creates Sellers Market in Kansas
By HOM Editor
October 2019
In September the impacts of low inventory continued. The average days on the market were down from 2018. Home sales and sale prices were up compared to September 2018.
The housing supply was at 3.1 months, down from 3.3 in 2018. The months’ supply of homes is calculated by dividing the total number of active listings by the number of sales.
Given the state of the market, now is an opportune time to sell. Low inventories are driving costs up and days on the market down.
For more information, see “Kansas Housing Market Stats – September 2019” from the Kansas REALTORS®.
Sign Our Petition To Support Homeowners in Kansas
Tell your elected officials in Kansas to restore the ability to itemize deductions on income taxes and to keep fighting for property taxpayers.
MORE STORIES
Loading ...