The Wichita Area Association of REALTORS® and the South Central Kansas MLS releases the May Wichita-area home sales figures.
Existing home sales increased 10.5% in May according to new figures released by the South Central Kansas MLS. Existing homes sales in May totaled 650, up from 588 units in April 2009. The median sales price of existing homes in May increased .9% on a year over year basis.
New home sales increased in May to 81 units which represents a 2.5 percent increase compared to April 2009. The May median sale price of new homes rose to $215,400 from $196,310 in April 2009.
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Source: Wichita Area Association of REALTORS® and the South Central Kansas MLS
