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  7. South Central Kansas MLS Releases Home Sales Figures for April 2021

South Central Kansas MLS Releases Home Sales Figures for April 2021

Homes sales in South Central Kansas rose by 20.9% in April compared to the prior year. Sales in April 2021 totaled 979 units, up from 810 in 2020.

Among existing homes, 888 units sold in April, an increase of 20.2% from 739 units that sold in 2020. The average sale price of existing homes was $198,631. This represents an increase of 20.2% from the April 2020 average price of $165,185.

For new construction, 91 sales occurred in April, up from 71 units the prior year, an increase of 28.2%. The average sale price of new homes in April was $330,510, up 3.4% from the same period last year.

A total of 1,098 contracts for sale were written in April 2021, up from 914 in April 2020. This is an
increase of 20.1%. Contracts written during the month reflect, in part, sales that are set to close in the near future.

The inventory of active listings in South Central Kansas stood at 710 units at the end of April, which is down from 1,579 homes that were on the market at the end of April last year. At the current rate of sales, this figure represents 0.7 months’ supply of homes on the market.

 

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Prepared courtesy of the Kansas Association of REALTORS® using data from the South Central Kansas MLS®. Provided by the WSU Center for Real Estate www.wichita.edu/realestate

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