March 2019 Market Highlights
- Home sales in Kansas fell by 9.0 percent in March 2019 compared to the same period last year. National sales had a decrease with sales falling 5.4% over 2018.
- Home prices continue to increase across the state. The statewide average sale price in March was $199,899 a 1.0% increase compared to last year. Midwest prices rose 4.6% and US prices rose 3.8%.
- Mortgage rates continue to drop. The national average commitment rate on 30-year conventional mortgage for the week ending April 19, 2019 was 4.17%. View Freddie Mac’s report.
For national perspective, click here to watch NAR’s new “Housing Minute” video update.