📊 Kansas City Market Update – August 2025

The Greater Kansas City real estate market is showing steady growth and balance as we move through late summer. Prices remain strong, inventory is growing, and buyers are gaining a little more breathing room. Here’s a look at the latest numbers:

🔑 Key Stats for August 2025 vs August 2024

🏡 Average Sales Price: $388,639 ⬆️ 7.4%
📅 Days on Market: 41 ⬆️ 17.1% (homes are taking a bit longer to sell)
🤝 Closed Sales: 3,546 ⬆️ 1.1%
📈 Pending Sales: 3,274 ⬆️ 0.6%
📦 Total Inventory: 8,360 homes ⬆️ 9.9%
💰 % of Asking Price Received: 96.9% ⬇️ 1.0%
📉 Months Supply of Inventory: 2.7 ⬆️ 3.8%

💡 What It Means

• For Buyers: With more homes on the market and longer days to decide, you’ll find more choices and less pressure. While prices continue to rise, the increase is steady and manageable.

• For Sellers: Home values are still on the rise, and buyer demand is steady. However, pricing strategically is more important than ever as buyers have more options.

✅ The Bottom Line

Kansas City’s market is in a healthy spot: strong prices for sellers, growing inventory for buyers, and a balanced pace overall. Whether you’re buying or selling, now is a great time to take advantage of these trends. I’m here to guide you with expert, data-driven insight.