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Kansas City Market Stats - February 2021

March 18, 2021

The market stats below offer a look at local key home trends in February 2021. The report is provided by the Kansas City Regional Association of REALTORS® and all data is from Heartland Multiple Listing Service.

For existing homes in the Kansas City Metro area:

1. Inventory decreased 64.9% to 1,804
2. Supply decreased 70.6% to 0.5
   
   

For new homes in the Kansas City Metro area:

1. Closed sales increased 22.0% to 305
2. Average sales price increased 15.2% to $459,393
3. Median sales price increased 12.3% to $412,960
4. Days on market decreased 37.7% to 91
5. Percent of original price received increased 2.2% to 102.7%
6. Pending sales increased 4.7% to 515
7. Inventory decreased 54.5% to 790
8. Supply decreased 63.6% to 2.0
   
   

With low inventory and supply, you may find yourself struggling to find a new home. But with Inspired Homes, we can help you find or build the perfect home, customized to fit your needs. Check out our new homes here, ready for you to customize and move in!