How’s The Market?

June 2020

*Statistics Coming Soon*

May 2020

• May average sale price for new & existing homes → 1.6% HIGHER than May 2019.
• There were 3,301 home sales → 23.9% LOWER than last May.
• Home inventory this month → 37.7% LOWER compared to May 2019.
• The Supply of homes for May 2020 → DOWN to 1.6 months.  *5TH MONTH IN A ROW WE HAVE SEEN INVENTORY BELOW 2 MONTHS.

For more information visit: www.KCRAR.com/MarketReports/May
County Statistics:  Jackson County, MO or Johnson County, KS

April 2020

• April average sale price for new & existing homes → 4.1% HIGHER than April 2019.
• There were 3,130 home sales → 6.8% LOWER than last April.
• Home inventory this month → 30.2% LOWER compared to April 2019.
• The Supply of homes for April 2020 → DOWN to 1.7 months.  *4TH MONTH IN A ROW WE HAVE SEEN INVENTORY BELOW 2 MONTHS.

For more information visit: www.KCRAR.com/MarketReports/April
County Statistics:  Jackson County, MO or Johnson County, KS

March 2020

• March average sale price for new & existing homes → 7.6% HIGHER than March 2019.
• There were 3,056 home sales → 6.7% HIGHER than last March.
• Home inventory this month → 21.6% LOWER compared to March 2019.
• The Supply of homes for March 2020 → STAYS at 1.8 months. *THE 3RD MONTH WE HAVE SEEN INVENTORY BELOW 2 MONTHS. WE STILL HAVE A SHORTAGE!!

For more information visit: www.KCRAR.com/MarketReports/March
County Statistics:  Jackson County, MO or Johnson County, KS

February 2020

• February average sale price for new & existing homes → 5% HIGHER than Feb. 2019.
• There were 2,270 home sales → 3.8% HIGHER than last February.
• Home inventory this month → 20.9% LOWER compared to February 2019.
• The Supply of homes for February 2020 → DOWN to 1.8 months. *THIS IS THE 2ND MONTH WE HAVE SEEN A DIP BELOW 2 MONTHS INVENTORY - THIS SHOWS WE HAVE A SERIOUS SHORTAGE!!

For more information visit: www.KCRAR.com/MarketReports/February
County Statistics:  Jackson County, MO or Johnson County, KS

January 2020

• January average sale price for new & existing homes → 2.9% HIGHER than Jan. 2019.
• There were 2,093 home sales → 3.8% HIGHER than last January.
• Home inventory this month → 22.2% LOWER compared to January 2019.
• The Supply of homes for January 2020 → DOWN to 1.9 months. *FIRST TIME IT HAS DIPPED BELOW 2 MONTHS INVENTORY - THIS SHOWS WE HAVE A SERIOUS SHORTAGE!!

For more information visit: www.KCRAR.com/MarketReports/January
County Statistics:  Jackson County, MO or Johnson County, KS

December 2019

• December average sale price for new & existing homes → 4.9% HIGHER than Dec. 2018.
• There were 2,922 home sales → 16.2% HIGHER than last December.
• Home inventory this month → 19.5% LOWER compared to December 2018.
• The Supply of homes for December 2019 → DOWN to 2.0 months.

For more information visit: www.KCRAR.com/MarketReports/December
County Statistics:  Jackson County, MO or Johnson County, KS

November 2019

• November average sale price for new & existing homes → 4.2% HIGHER than Nov. 2018.
• There were 2,881 home sales → 8% LOWER than last November.
• Home inventory this month → 17% LOWER compared to November 2018.
• The Supply of homes for November 2019 → 2.3 months.

For more information visit: www.KCRAR.com/MarketReports/November
County Statistics:  Jackson County, MO or Johnson County, KS

October 2019

• October average sale price for new & existing homes → 1.8% HIGHER than Oct. 2018.
• There were 3,397 home sales → 0.4% HIGHER than last October.
• Home inventory this month → 12.4% LOWER compared to October 2018.
• The Supply of homes for October 2019 → 2.5 months.

For more information visit: www.KCRAR.com/MarketReports/October
County Statistics:  Jackson County, MO or Johnson County, KS

September 2019

• September average sale price for new & existing homes → 8.3% HIGHER than Sept. 2018.
• There were 3,275 home sales → 0.6% HIGHER than last September.
• Home inventory this month → 12.2% LOWER compared to September 2018.
• The Supply of homes for September 2019 → 2.6 months.

For more information visit: www.KCRAR.com/MarketReports/September
County Statistics:  Jackson County, MO or Johnson County, KS

August 2019

• August average sale price for new & existing homes → 6.3% HIGHER than Aug 2018.
• There were 4,073 home sales → 3.0% LOWER than last August.
• Home inventory this month → 12.1% LOWER compared to August 2018.
• The Supply of homes for August 2019 → 2.5 months.

*This information represents a home market favoring sellers.
For more information visit: www.KCRAR.com/MarketReports/August
County Statistics:  Jackson County, MO or Johnson County, KS

July 2019

• July average sale price for new & existing homes → 6.3% HIGHER than July 2018.
• There were 4,102 home sales → 0.9% LOWER than last July.
• Home inventory this month → 10.7% LOWER compared to July 2018.
• The Supply of homes for July 2019 → 2.5 months.

*This information represents a home market favoring sellers.
For more information visit: www.KCRAR.com/MarketReports/July
County Statistics:  Jackson County, MO or Johnson County, KS

June 2019

• June average sale price for new & existing homes → 4.6% HIGHER than June 2018.
• There were 4,165 home sales → 7% LOWER than last June.
• Home inventory this month → 9.1% LOWER compared to June 2018.
• The Supply of homes for June 2019 → 2.4 months.

*This information represents a home market favoring sellers.
For more information visit: www.KCRAR.com/MarketReports/June
County Statistics:  Jackson County, MO or Johnson County, KS

May 2019

• May average sale price for new & existing homes → 4.5% HIGHER than May 2018.
• There were 4,137 home sales → 4.9% LOWER than last May.
• Home inventory this month → 7% LOWER compared to May 2018.
• The Supply of homes for May 2019 → 2.3 months.

*This information represents a home market favoring sellers.
For more information visit: www.KCRAR.com/MarketReports/May
County Statistics:  Jackson County, MO or Johnson County, KS

April 2019

• April average sale price for new & existing homes → 7.2% HIGHER than April 2018.
• There were 3,214 home sales → 6% LOWER than last April.
• Home inventory this month → 3.8% LOWER compared to April 2018.
• The Supply of homes for April 2019 → 2.2 months.

*This information represents a home market favoring sellers.
For more information visit: www.KCRAR.com/MarketReports/March
County Statistics:  Jackson County, MO or Johnson County, KS

March 2019

• March average sale price for new & existing homes → 3.1% HIGHER than March 2018.
• There were 2,805 home sales → 12.8% LOWER than last March.
• Home inventory this month → 5.2% LOWER compared to March 2018.
• The Supply of homes for March 2019 → 2.1 months.

*This information represents a home market favoring sellers.
For more information visit: www.KCRAR.com/MarketReports/March
County Statistics:  Jackson County, MO or Johnson County, KS