09/03/25
What's Happening in Kansas City Real Estate This Week

The Kansas City housing market shows some interesting shifts this week, with buyers and sellers adjusting after the summer activity. While certain metrics have dipped, others are seeing stronger movement, highlighting a market that continues to balance supply and demand.

New Listings:

This week, 702 homes were listed for sale, a 8% decrease from last week’s 762. The slowdown in new listings may reflect sellers taking a pause after the busy summer months, tightening supply slightly and giving previously listed homes a chance to attract attention.

Homes Sold:

Sales remain strong, with 880 homes sold, a 16% increase over last week’s 757 closings. Even with fewer new listings, buyers are actively moving, and homes that are priced well continue to attract multiple offers. This shows sustained demand in the market.

Average List Value:

The average list price increased to $407,235, up 3% from $394,931 last week. Sellers appear confident in the market and are slightly raising prices, reflecting the ongoing demand for well-maintained homes.

Average Sold Price:

The average sold price decreased slightly to $383,166, down 1% from $384,075 last week. While a small drop, sales are still strong, showing that buyers are willing to pay competitive prices, and that homes are moving efficiently at market value.

Price Reductions:

Price reductions fell to 669, a 17% decrease from 802 last week. Fewer adjustments suggest that many homes are priced closer to buyer expectations and fewer sellers feel the need to lower their asking price.

Pending Sales:

Pending sales dropped to 682, down 11% from 767 last week. This aligns with a tighter listing inventory and the natural weekly fluctuations, but the pipeline of upcoming closings remains solid.

Homes Going Back on the Market:

149 homes returned to the market this week, a 13% decrease from last week’s 171. Fewer returns suggest that homes are generally selling without bouncing back to the market, which is a positive sign for overall absorption.

Average Days on Market:

The average days on market increased to 46 days, up 10% from last week. Homes are still selling at a reasonable pace, though it may take buyers slightly longer to make decisions after a busy summer period.

What Does This Mean for You?

This week reflects a market that is stabilizing after the summer surge. New listings are slightly down, but strong sales activity shows that buyers remain active. Fewer price reductions and homes back on market indicate that sellers are pricing wisely and homes are generally moving efficiently.

For sellers, timing and strategic pricing continue to be key. For buyers, opportunities remain for well-priced homes, but being prepared to act quickly is important. Overall, the Kansas City market is healthy, balancing strong demand with a gradually tightening supply.