Existing home sales increased 33.9% between March and April according to the latest figures released by the South Central Kansas MLS. Existing homes sales in April totaled 806, up from 602 units in March. The median sales price of existing homes in April increased 5.6% on a year over year basis.
New home sales increased in April to 85 units, which represents a 11.8% increase compared to March. The April median sale price of new homes decreased to $188,048 from $188,561 in March.
Existing home inventory this month was down 2.4% with 3,675 homes in inventory compared to 3,765 last month. The existing home inventory this month is 11.6% higher than it was a year ago when the existing home inventory was 3,292.
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Source: South Central Kansas MLS
