Wichita Area Association of REALTORS® and the South Central Kansas MLS releases the August Wichita area home sales figures.
Existing home sales decreased 0.1% in August according to new figures released by the South Central Kansas MLS. Existing homes sales in August totaled 750, down from 751 units in July 2009. The median sales price of existing homes in August decreased 3.4% on a year over year basis.
New home sales increased in August to 101 units, which represents a 5.2% increase compared to July 2009. The August median sale price of new homes decreased to $200,000 from $207,008 in July 2009.
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Source: Wichita Area Association of REALTORS® and the South Central Kansas MLS