Here’s a look at the South Central Kansas Real Estate Market for March 2019. According to statistics from the REALTORS® of South Central Kansas, there’s a 10 percent drop in new listings this month. Read more about this month’s real estate market trends.
📈 A Look at Kansas Stats
We started in March 2019 with an average sales price of $191,109 for single-family homes. This number shows an increase of 1.8 percent from this same time last year.
There were 2,228 closed sales in February 2019, which shows an increase of 0.5 percent from 2018.
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💵 What does this mean for buyers?
There were 9,646 active listings on the market in Kansas as we began March 2019. This number shows an increase of 3.5 percent from last year.
The number of new homes being added to the market slipped by 10 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.
💲 What does this mean for sellers?
The average number of days a home stays on the market in Kansas is 72 days. This number is up 4.4 percent from 2018.
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.
🏘️ Wichita Homes for Sale
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 $191,109.