Northeast Kansas Home Sales Fell in May
Total home sales in the Northeast Kansas MLS System fell last
month to 5 units, compared to 6 units in May 2016. Total sales
volume was $.3 million, down from a year earlier.
The median sale price in May was $58,000, down from $96,500
a year earlier. Homes that sold in May were typically on the
market for 98 days and sold for 89.9% of their list prices.
Northeast Kansas Active Listings Up at End of May
The total number of active listings in the Northeast Kansas
MLS System at the end of May was 40 units, up from 36 at the
same point in 2016. This represents an 8 months’ supply of
homes available for sale. The median list price of homes on the
market at the end of May was $97,450.
During May, a total of 3 contracts were written down from 9 in
May 2016. At the end of the month, there were 8 contracts
pending, compared to 5 at the end of May 2016.