Existing home sales decreased 10% last month according to the September figures released by the South Central Kansas MLS. Existing homes sales in September totaled 672, down from 750 units in August 2009. The median sales price of existing homes in September decreased 2% on a year over year basis.
New home sales decreased in September to 87 units, which represents a 13.9% decrease compared to August 2009. The September median sale price of new homes decreased to $168,000 from $200,000 in August 2009.
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Source: Wichita Area Association of REALTORS® and the South Central Kansas MLS
