🏡 Greater Kansas City Housing Market Update – July 2025 vs. July 20204
The Greater Kansas City real estate market continues to show resilience and steady growth this summer, with encouraging signs for both buyers and sellers. Here’s a quick look at the latest trends from the July 2025 Heartland MLS data.
📈 Prices on the Rise
The average sales price reached $397,785, marking an 8.2% increase from last year. This upward trend underscores the continued demand for homes across our region.
📊 More Homes Available
Total inventory climbed 10.6% year-over-year to 8,175 homes, offering buyers more options than in recent months. Coupled with a 2.7 months supply (up 8.0%), the market is showing signs of greater balance—while still favoring sellers.
⏳ Slightly Longer Market Times
Homes spent an average of 35 days on the market, up 9.4% from last year. This slight slowdown gives buyers a bit more breathing room, while sellers are still securing strong offers.
💰 Solid Offers for Sellers
Sellers received an average of 97.9% of their original list price, a minimal 0.7% dip from last year—showing that well-priced homes are still attracting competitive bids.
📅 Closed & Pending Sales
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Closed Sales: 3,648 (up 1.6%)
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Pending Sales: 3,259 (down 0.7%)
The takeaway? While pending sales are slightly down, the number of homes actually closing has ticked upward—highlighting a stable, active market.
🔍 What This Means for You
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For Sellers: Continued price appreciation and strong list-to-sale ratios make now a great time to list, especially with motivated buyers still in the market.
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For Buyers: More inventory and slightly longer days on market create opportunities to explore homes without as much pressure as last year.
The Kansas City market remains healthy, active, and full of opportunity—whether you’re buying, selling, or investing. Ready to make your next move? I’m here to guide you with expert, data-driven insight.