09/10/25
What's Happening in Kansas City Real Estate This Week

The Kansas City housing market is showing a mix of strong buyer activity and some seller adjustments this week. While certain numbers are climbing, others are pulling back slightly, creating a dynamic environment that both buyers and sellers need to watch closely.

New Listings:

This week, 851 homes were listed for sale, a 21% increase over last week’s 702. This surge in new listings gives buyers more options and may be a reflection of sellers taking advantage of the post-summer market to attract motivated buyers.

Homes Sold:

Closings decreased to 803 homes sold, down 9% from last week’s 880. Even though fewer homes closed, the sales volume remains solid, showing that buyer demand is still active but slightly paced after last week’s strong numbers.

Average List Value:

The average list price increased slightly to $413,277, up 2% from $407,235 last week. Sellers continue to price strategically, reflecting confidence in the market and the value buyers are willing to pay for well-positioned homes.

Average Sold Price:

The average sold price decreased modestly to $375,454, down 2% from $383,166 last week. This indicates that while buyers are purchasing actively, negotiations and pricing adjustments are keeping sales close to fair market value.

Price Reductions:

Price reductions spiked to 940, a 41% increase from 669 last week. This surge reflects sellers making strategic adjustments to remain competitive as more homes enter the market and buyers have a growing pool of options.

Pending Sales:

Pending sales rose to 744, up 9% from 682 last week. This increase shows that even with more homes being listed and some price adjustments, buyers are actively making offers and moving properties toward closing.

Homes Going Back on the Market:

162 homes returned to the market this week, up 9% from 149 last week. This modest increase may reflect a few homes that fell out of contract, but the overall number remains manageable for the current market.

Average Days on Market:

The average days on market decreased to 41 days, down 11% from 46 last week. Homes are selling faster this week despite higher listings, suggesting that buyers are actively moving on well-priced properties.

What Does This Mean for You?

This week’s market highlights a balance between supply and demand. More homes are coming on the market, giving buyers more choices, while price reductions and a slight dip in closed sales reflect sellers adapting to the current pace. Homes are moving quickly, with days on market dropping, signaling that the right properties are still selling fast.

For sellers, strategic pricing is more important than ever, as the influx of new listings and rising price reductions show a competitive landscape. Buyers benefit from more inventory but should be ready to act swiftly to secure homes at fair market prices.