Home sales in south-central Kansas fell slightly in July, but higher prices pushed total sales volume upward, according to the latest report from the WSU Center for Real Estate.
The region saw 988 homes sold last month, a 3% drop from July 2024. Despite fewer transactions, total sales volume climbed 5% to $281.3 million, driven by an 8.7% increase in the median sale price, which reached $250,000.
Homes spent an average of 10 days on the market and sold for 100% of their original asking price.
Active listings rose 26.7% to 2,298 properties, representing 2.6 months of inventory. The median list price for all active homes was $278,045, down 2.4% from a year ago.
New listings increased 5.3% in July, with 1,363 properties hitting the market at a median list price of $250,000. Contracts written rose nearly 4% to 925, and pending contracts climbed 7.2% to 1,190.
The report indicates the market remains competitive, with prices holding strong and homes selling quickly, even as inventory grows.