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๐Ÿ˜๏ธ South Central Kansas Real Estate Market Report โ€“ March 2019

Hereโ€™s a look at the South Central Kansas Real Estate Market for March 2019. According to statistics from the REALTORSยฎ of South Central Kansas, there’s a 8.8 percent drop in new listings this month. Read more about this monthโ€™s real estate market trends.

Find Out How Much Your Home is Worth Here!

๐Ÿ“ˆ A Look at South Central Kansas Stats

We started March 2019 with a median sale price of $142,000 for single-family homes. This number shows an increase of 5.9 percent from the $134,150 recorded this same time last year and an increase from last month’s $140,000. The average sale price for homes in this area is $157,430, which is up 3.9 percent from the beginning of March 2018.

woman working at laptop

There were 587 closed sales in February 2019, which shows a decrease of 2.3 percent from the 601 homes sold this time last year, but we see an increase from the 551 sold last month. We moved into March 2019 with 2,034 active listings for the South Central Kansas area. This number shows a decrease 0.5 percent from the beginning of March 2018.

Thereโ€™s a 2.4 months supply of available homes for sale in South Central Kansas. For the market to be considered balanced, there needs to be a 6-month supply of available homes.
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๐Ÿ“ฑ Contact Ambrose Team

We can help!
Give Ambrose Team a call today to learn more about local neighborhoods, put your house on the market, or tour available homes for sale. You can reach Katherine at 316-807-5079, Randy at 316-312-3079, Jillian at 316-665-1324, and Brian at 316-253-6442.
Anbrose Team
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๐Ÿ’ต What does this mean for buyers?

South Central Kansas recorded 857 new listings for February, which shows an 8.8 percent drop from the 940 seen this time last year. There were 1,143 pending contracts and 798 contracts written during February. In contrast to last month, pending contacts dropped slightly and written contracts increased.

man and woman embracing and smiling with man holding house keys

The number of new homes being added to the market slipped by 8.8 percent last month. Because competition for new homes continues to be fierce, it’s a good idea to keep track of homes as soon as they hit the market.

Search & Save Wichita Homes for Sale!
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๐Ÿ’ฒ What does this mean for sellers?

South Central Kansas single-family resident home sellers are receiving 97.3 percent of their listing price with an average of 60 days on the market.

for sale sign with sold sticker

With the demand for homes so high and inventory at a minimum, it’s the perfect time to place your home on the market. Make sure you price it correctly the first time by getting an accurate home value estimation.

Click for FREE Home Value Estimation!
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๐Ÿ˜๏ธ Wichita Homes for Sale

See More South Central Kansas Real Estate Market Reports Here!

Here are the most recent home listings just added to the database in the average sale price range for Wichita. All homes here are priced at $157,430.

Summary
South Central Kansas Real Estate Market Report โ€“ March 2019
Article Name
South Central Kansas Real Estate Market Report โ€“ March 2019
Description
The median sale price for homes in the Wichita area is $157,430. Learn more about current real estate trends in the Wichita area.
Author
Katherine Ambrose
Publisher Name
Ambrose Team
Publisher Logo
Ambrose Team

Posted in: Real Estate Market Reports

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« ๐Ÿ˜๏ธ South Central Kansas Real Estate Market Report – February 2019
๐Ÿ˜๏ธ South Central Kansas Real Estate Market Report โ€“ April 2019 »
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  • ๐Ÿ˜๏ธ South Central Kansas Real Estate Market Report โ€“ June 2019
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  • ๐Ÿ˜๏ธ South Central Kansas Real Estate Market Report โ€“ March 2019
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Katherine Ambrose
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Randy Ambrose
316-312-3079
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Brian Ambrose
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Recent Posts

  • ๐Ÿ˜๏ธ South Central Kansas Real Estate Market Report โ€“ June 2019
  • ๐Ÿ˜๏ธ South Central Kansas Real Estate Market Report โ€“ May 2019
  • ๐Ÿ˜๏ธ South Central Kansas Real Estate Market Report โ€“ April 2019
  • ๐Ÿ˜๏ธ South Central Kansas Real Estate Market Report โ€“ March 2019
  • ๐Ÿ˜๏ธ South Central Kansas Real Estate Market Report – February 2019
  • ๐Ÿ“‹ Tips for First Time Home Buyers
  • ๐Ÿ›‹๏ธ Tips for Staging Your House to Sell
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Wichita, KS

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