September 2018 Market Highlights
- Home sales in Kansas fell 12.8% compared to the same period last year. National sales fell 4.1% over 2017.
- The statewide average sale price in September was $203,304 a 4.0% increase over last year. Midwest prices rose 1.9% and US prices rose 4.2%.
- Mortgage rates saw a modest decline compared to a rapid rise in rates over the past few weeks. The national average commitment rate on 30-year conventional mortgage for the week ending October 18, 2018 was 4.85%. View Freddie Mac’s report.
For national perspective, click here to watch NAR’s new “Housing Minute” video update