June 2019 Market Highlights
- Home sales in Kansas fell by 9.3 percent in June 2019 compared to the same period last year. National sales had a decrease with sales falling 2.2% over 2018.
- Home prices continue to increase across the state. The statewide average sale price in June was $237,350 a 7% increase compared to last year. Midwest prices rose 6.7% and US prices rose 4.3%.
- Mortgage rates continue to drop. The national average commitment rate on 30-year conventional mortgage for the week ending July 19, 2019 was 3.81%. View Freddie Mac’s report.
For national perspective, click here to watch NAR’s new “Housing Minute” video update.