09/24/25
What's Happening in Kansas City Real Estate This Week

The Kansas City real estate market continues to show steady activity as we move toward the end of September. While some metrics have seen slight declines, others are trending upward, reflecting a balanced and dynamic market. Buyers remain active, and sellers are adjusting strategically to maintain momentum in a competitive environment.

New Listings:

This week, 834 homes were listed for sale, a 2% decrease from last week’s 851. The minor decline indicates a slight slowdown in new inventory entering the market, but the overall number of homes for sale remains strong, giving buyers plenty of options to consider.

Homes Sold:

Sales were relatively steady, with 800 homes sold, down less than 1% from last week’s 801. This stability suggests that buyer demand remains consistent, and homes that are priced appropriately continue to close efficiently.

Average List Value:

The average list price increased to $425,435, up 4% from $409,773 last week. This rise indicates that sellers are confidently pricing homes higher in response to steady demand and competitive market conditions.

Average Sold Price:

The average sold price rose 3% to $377,824, up from $365,796 last week. Even with minor week-to-week fluctuations, homes are continuing to sell at solid values, reflecting consistent buyer interest and competitive offers.

Price Reductions:

Price reductions increased to 1004 homes, a 12% jump from 898 last week. This suggests that sellers are actively adjusting prices on a portion of their listings to attract attention in a slightly more competitive market. Buyers may find opportunities among these strategically reduced listings.

Pending Sales:

Pending sales decreased slightly to 749 homes, down 3% from 774 last week. The slight dip may reflect normal week-to-week market adjustments, but overall buyer activity remains healthy, keeping the pipeline of upcoming closings strong.

Homes Going Back on the Market:

The number of homes returning to the market increased by 3% to 168 homes, up from 164 last week. These newly available homes can present opportunities for buyers who may have missed them previously.

Average Days on Market:

The average days on market increased slightly to 37 days, up 3% from 36 last week. Homes are still selling quickly, indicating that buyers are actively moving when they find the right property.

What Does This Mean for You?

This week shows a balanced market, with steady sales and a slight increase in average list and sold prices. While new listings and pending sales experienced minor dips, the rise in price reductions and homes back on the market provides opportunities for buyers to find value. Sellers who price strategically continue to attract strong interest, and homes that are competitively positioned are moving efficiently.