08/27/25
What's Happening in Kansas City Real Estate This Week

The Kansas City housing market continues to demonstrate resilience, even as week-to-week fluctuations appear. After some strong activity in recent weeks, this week shows a mix of stabilization and slight adjustments—but many numbers are still higher than what we’ve seen a few weeks ago, reflecting an overall healthy market.

New Listings:

This week, 762 homes were listed for sale, a modest 3% increase from last week’s 741. Inventory remains healthy, offering buyers a good variety of options while signaling continued seller confidence in the market.

Homes Sold:

Sales came in at 757 homes, a 14% decrease from last week’s 881 closings. The slowdown is largely due to the natural ebb and flow of the market, with fewer homes closing after a very strong prior week. Even with this dip, sales remain strong compared to earlier in the month, and buyers are still active in securing well-priced homes.

Average List Value:

The average list price dropped slightly by 1%, from $397,686 last week. Sellers continue to price strategically, and the slight decrease may reflect minor adjustments in response to recent sales trends.

Average Sold Price:

The average sold price declined 4% from $401,172 last week. While this is a noticeable drop, it still shows solid buyer activity, with homes closing in strong condition and at competitive prices.

Price Reductions:

The number of homes with price reductions ticked up slightly to 802, showing that a small portion of sellers are adjusting their prices to stay competitive. This is a normal market adjustment and provides buyers with opportunities to find well-priced homes.

Pending Sales:

Pending sales decreased from 817 last week to 767, a 6% drop. While slightly lower, the pipeline of upcoming closings remains healthy, suggesting continued buyer interest in the weeks ahead.

Homes Going Back on the Market:

Some 171 homes returned to the market this week, a slight 3% decline from last week. This creates fresh opportunities for buyers who may have missed these properties initially.

Average Days on Market:

Homes are still moving at a similar pace, with an average of 42 days on market, showing that well-priced homes continue to sell efficiently despite minor week-to-week fluctuations.

What Does This Mean for You?

The Kansas City market is stabilizing after a few weeks of bigger jumps. New listings are up slightly, homes are still selling, and inventory adjustments are minor. Even with a dip in closings this week, overall activity remains strong, and many of these numbers are still higher than we’ve seen over the past month.

For sellers, pricing your home strategically remains key, and for buyers, staying ready to move quickly on the right property is critical. The market continues to reward prepared, informed participants on both sides of the transaction.