August 2018 Market Highlights
- Home sales in Kansas fell 0.4% compared to the same period last year. National sales fell 1.5% over 2017.
- The statewide average sale price in August was $210,391 a 3.7% increase over last year. Midwest prices rose 3.4% and US prices rose 4.6%.
- Mortgage rates hit their highest level since May. The national average commitment rate on 30-year conventional mortgage for the week ending September 20, 2018 was 4.65%. View Freddie Mac’s report.
For national perspective, click here to watch NAR’s new “Housing Minute” video update.