Northeast Kansas Home Sales Rose in December
Total home sales in the Northeast Kansas MLS System
rose by 3.2% last month to 32 units, compared to 31
units in December 2015.  Total sales volume was $4.3
million, up 20.6% from a year earlier.

The median sale price in December was $89,500, down
from $92,500 a year earlier.  Homes that sold in
December were typically on the market for 54 days and
sold for 93.9% of their list prices.

Northeast Kansas Active Listings Down at End of
The total number of active listings in the Northeast
Kansas MLS System at the end of December was 178
units, down from 198 at the same point in 2015.  This
represents a 5.6 months’ supply of homes available for
sale.  The median list price of homes on the market at the
end of December was $93,700.

During December, a total of 21 contracts were written
down from 33 in December 2015.  At the end of the
month, there were 35 contracts pending, compared to
40 at the end of December 2015.

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