"In October, home prices fell moderately from the month before, with a median listing price of $275,000. The number of listings on the market grew 3.0% from last month, which is a smaller increase than normal for this time of the year in Kansas City, and homes are also selling slower than at the same time last year. Typically, home price per square foot in Kansas City tend to fall in October."
"In October, there were 1,775 homes for sale in Kansas City, which was 3.0% more than the month before and 19.5% more than the same time last year. Meanwhile, active inventory across the nation remained practically unchanged from last month to 1,100,001. The number of new listings in Kansas City was 740, which was 6.8% less than the month before and 4.9% less than the same time last year. Nationally, the number of new listings fell by 2.7% from last month to 384,264."
Kansas City median listing price was $275,000 in October, representing a moderate month-over-month decline. Listings on the market increased 3.0% from September to 1,775 active homes, a 19.5% rise from October last year. New listings totaled 740, down 6.8% month-over-month and 4.9% year-over-year. Price per square foot fell 0.6% month-over-month, compared with a 0.8% national decline. Homes spent an average of 53 days on the market, one day longer than the previous month and six days longer than a year earlier. Nationally, active inventory held near 1,100,001 and average days on market were 63.
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