The Greater Kansas City housing market remains strong and stable as the year draws to a close. Novemberโs numbers point to a balanced, healthy marketโwith solid buyer activity, steady price growth, and improving inventory. Hereโs a clear breakdown of whatโs happening and what it means ๐
โณ A Steady, More Balanced Pace
Homes are now spending an average of 43 days on the market โฑ๏ธ, a 4.9% increase year over year. This shift creates breathing room for buyers without slowing overall demand.
Inventory sits at a 2.6-month supply ๐ฆ, up 4.0% from last year. While choices are increasing, supply still favors sellers in many segments.
๐ฐ Prices Continue to Rise
Home values remain a standout strength of the market:
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Average sales price: $388,639 ๐
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Year-over-year increase: +6.9%
Homes are selling for 96.4% of their original list price ๐ท๏ธโonly a 0.1% change from last year. Well-priced homes continue to perform strongly, while buyers may see slightly more room for negotiation than in recent years.
๐ค Sales Activity Remains Consistent
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Closed sales: 2,677 ๐ (down 7.1% year over year)
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Pending sales: 2,474 โ๏ธ (down 2.4%)
These movements reflect seasonal trends rather than declining demand. Buyer interest remains active heading into winter.
Meanwhile, total inventory increased to 8,066 homes ๐ โa notable 8.4% jump compared to last year, signaling a more sustainable market moving forward.
๐ฎ What This Means for Buyers & Sellers
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Sellers: Prices are strong, demand is steady, and homes that are priced and presented well continue to sell competitively.
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Buyers: More inventory and a slightly calmer pace provide better options and timing flexibility.
๐ Bottom Line
Greater Kansas Cityโs real estate market is ending 2025 on a solid footingโbalanced, resilient, and full of opportunity. Whether planning to buy, sell, or simply stay informed, understanding these trends is key to making confident real estate decisions going into the new year.
๐ฒ For questions about how these numbers impact a specific neighborhood or price range, reach out anytime.