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Kansas City Metro Real Estate Market Update: A Look at May 2025 vs. May 2024
The Kansas City Metro market showed a dynamic blend of growth and moderation in May, offering insights for both buyers and sellers as we head into summer.
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Home sales remained nearly flat, down just 0.2% with 3,808 closed transactions.
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Average sale price surged 13.9% to $418,652, reflecting strong buyer demand.
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Inventory rose 11.9%, with 7,702 homes on the market—an encouraging sign for buyers.
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Supply reached 2.5 months, signaling a move toward a more balanced market.
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Days on market increased by 11.4%, now averaging 39 days.
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Sellers received 98.9% of original list price, a slight dip of 0.7%.
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Pending sales climbed 5.2% to 3,763, showing solid forward momentum.
Key Takeaway:
Despite a slight slowdown in pace, the market remains strong. Elevated prices and increased inventory point to new opportunities—strategic pricing and preparation remain essential for sellers, while buyers gain more choices and negotiating room.
Ready to make your next move? I’m here to guide you with expert, data-driven insight.
Have a great day,
Gregory Weis
913-579-4106 Cell
913-631-2900 Office
gweis@cbregan.com
Oh, by the way®… if you know of someone who would appreciate the level of service I provide, please call me with their name and contact information. I’ll be happy to follow up and take great care of them.
