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Kansas City Market Stats - November 2021

December 16, 2021

The market stats below offer a look at local key home trends in November 2021 compared to last year. 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 27.6% from 4,098 to 2,968
2. Supply decreased 38.5% from 1.3 to 0.8

For new homes in the Kansas City Metro area:

1. Closed sales decreased 19.8% from 368 to 295
2. Average sales price increased 11.3% from $463,605 to $515,992
3. Median sales price increased 16.4% from $404,398 to $470,885
4. Days on market decreased 48.5% from 99 to 51
5. Percent of original price received increased 2.7% from 102.1% to 104.9%
6. Pending sales decreased 27.4% from 329 to 239
7. Inventory decreased 15.1% from 1,167 to 991
8. Supply decreased 6.5% from 3.1 to 2.9
   
   

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