The Housing Market has distinct differences between our three major market areas.
Our entire service area show that total home sales in the Mid-Kansas region fell last month to 165 units, compared to 170 units in June 2017. Total sales volume was $21.5 million, down from a year earlier. The median sale price in June was $110,000, down from $116,250 a year earlier. Homes that sold in June were typically on the market for 72 days and sold for 97.9% of their list prices.
McPherson’s market remains really strong when compared to a year ago. Total home sales in McPherson and Marion Counties rose by 21.4% last month to 51 units, compared to 42 units in June 2017. Total sales volume was $7.2 million, up 29.8% from a year earlier. The median sale price in June was $132,000, up from $125,000 a year earlier. Homes that sold in June were typically on the market for 90 days and sold for 97.5% of their list prices.
Total home sales in Reno County fell last month to 77 units, compared to 96 units in June 2017. Total sales volume was $9.4 million, down from a year earlier. The median sale price in June was $108,000, down from $117,450 a year earlier. Homes that sold in June were typically on the market for 58 days and sold for 98.7% of their list prices.
Total home sales in Pratt and Barber Counties rose by 55.6% last month to 14 units, compared to 9 units in June 2017. Total sales volume was $1.2 million, up 25.2% from a year earlier. The median sale price in June was $90,250, down from $109,500 a year earlier. Homes that sold in June were typically on the market for 139 days and sold for 95.2% of their list prices.