December 2021 Local KC Market Update

January 11, 2022

Above you will find the December 2021 Local Market Report from the Kansas City Regional Association of REALTORS® and Heartland Multiple Listing Service. Highlights from the December data include:
  • December 2021 average sales price for new and existing homes combined ($309,821) is 10.8% higher than December 2020.
  • There were 3,688 home sales (new and existing combined) for December 2021, which is 4.4% lower than last December (3,859).
  • Home inventory (new and existing combined) for December 2021 (3,255) is 30.5% lower compared to December 2020 (4,685).
  • The supply of new and existing homes for December 2021 is currently 0.8 months. 
KCRAR’s Local Market Updates provide a closer look at the current market conditions within specific counties in the region.   Now what does this information mean and how does it affect my situation?   Contact me and I will be happy to explain and work through what would work best for your individual situation.

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