10/08/25
What's Happening in Kansas City Real Estate This Week

The Kansas City housing market remains active as we head further into October. This week shows a mix of growth and minor adjustments, reflecting both seasonal trends and ongoing buyer and seller activity. While some metrics have pulled back, others show solid gains, demonstrating a balanced market for both buyers and sellers.

New Listings:

This week, 904 homes were listed for sale, a 15% increase from last week’s 785. This surge in new listings provides buyers with more options and reflects increased seller confidence in the market heading into the fall. More inventory allows buyers to explore a wider range of homes, while sellers have a larger pool of competitors to consider when pricing.

Homes Sold:

Sales decreased to 810 homes, a 13% drop from last week’s 933 closings. While fewer homes sold, the market is still active, and homes that are priced competitively are moving efficiently. The dip in sales may reflect seasonal shifts or a temporary adjustment after last week’s high activity.

Average List Value:

The average list price decreased slightly to $399,099, down 1% from $403,132 last week. Sellers are making small adjustments to remain competitive, but overall list prices remain strong, reflecting continued confidence in the Kansas City housing market.

Average Sold Price:

The average sold price increased significantly to $412,993, up 9% from $380,055 last week. This indicates that homes are closing at higher values, and buyers are willing to pay competitive prices for properties that meet their needs. Sellers are benefiting from strong offers on well-priced homes.

Price Reductions:

Price reductions rose to 1018, an 11% increase from 919 last week. The increase suggests that sellers are strategically adjusting pricing to remain competitive, particularly as more inventory comes onto the market. Buyers may find opportunities among these listings where sellers are motivated to attract offers.

Pending Sales:

Pending sales increased slightly to 746 homes, up 2% from 733 last week. This steady rise indicates that buyer activity continues, with many homes moving into the closing pipeline and keeping the market flowing efficiently.

Homes Going Back on the Market:

161 homes returned to the market, a 9% decrease from 177 last week. Fewer homes coming back on the market suggests that more transactions are progressing smoothly toward closing without complications.

Average Days on Market:

The average days on market decreased to 38 days, down 7% from 41 last week. Homes are selling slightly faster, showing that buyers remain engaged and that competitively priced listings are still attracting attention quickly.

What Does This Mean for You?

This week’s market update highlights a healthy and active Kansas City market. While new listings have surged, sales pulled back slightly, showing that the market is balancing supply and demand. Average sold prices increased notably, giving sellers strong returns on well-priced homes, while buyers have more options to explore with the increase in listings and price-adjusted properties.

For sellers, strategic pricing remains key to standing out in an increasingly active market. Buyers should act quickly on properties of interest, especially as competitive offers continue to drive sales efficiently.