Southeast Kansas Association of REALTORS® Releases Home Sales Figures for January 2017
Homes sales in Southeast Kansas rose by 47.5% in January compared to the prior year. Sales in January 2017 totaled 59 units, up from 40 in 2016. The average sale price was $75,731. This represents an increase of 24.1% from the January 2016 average price of $61,042.
A total of 62 contracts for sale were written in January 2017, down from 68 in January 2016. This is a decrease of 8.8%. Contracts written during the month reflect, in part, sales that will close in the near future.
The inventory of active listings in Southeast Kansas stood at 790 units at the end of January, which is up from 657 homes that were on the market at the end of January last year. At the current rate of sales, this figure represents 13.4 months’ supply of homes on the market.
According to Amber Gregory, President of the Southeast Kansas Association of REALTORS®, “Southeast Kansas, like much of the country, is off to a good start in 2017 with strong sales in January. Unlike other areas of the country, home inventory is plentiful! SEKAR Members listed 150 homes in southeast Kansas in January, which is the biggest January total in several years. Overall, we have nearly 800 for sale in the region.”
View the comprehensive statistical report at https://goo.gl/PRhlEY.
For questions and/or comments, please contact SEKAR President Amber Gregory at 620-330-1637 or email@example.com.