Highlights from the March Kansas City Regional Association of  REALTORS® and Heartland Multiple Listing Service data include:  

• March 2019 average sales price for new & existing homes combined ($238,762) is 3.1 percent higher than March 2018.
• There were 2,805 home sales (new & existing combined) for March 2019  - 12.8 percent lower than last March (3,216).
• Home inventory (new & existing combined) for March 2019 (6,832) is 5.2 percent lower compared to March 2018 (7,210).
• The supply of new and existing homes for March 2019 is 2.1 months representing a home market favoring sellers.