wichita mls: Wichita, KS real estate sales data. October, 2012
- 11/19/12 01:49 AM
October, 2012 Wichita Area Home Sales Data
Existing home sales in October, 2012 increased 17.3% over September, 2012 according to dada released by the South Central Kansas MLS. They also increased 37.1 % over October, 2011. Total sales of existing homes thru October, 2012 were 8% above the same time period in 2011. The median sales price of existing homes was $124,186. This was .9% over September and 9.5% over the same month in 2011.
New home inventory was down 28% from a year ago with 40 units sold last month. The median price was 13% … (1 comments)
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wichita mls: Wichita, KS housing report for October, 2012
- 10/15/12 05:19 AM
October, 2012
South central Kansas MLS housing report
(Wichita, KS Metro area)
Existing sales for September, 2012 fell by 20% from the prior month and were 8.1% lower than September 2011. Total YTD sales were up 325 units from a year ago. Existing home inventories continue to fall and are now 7.2% lower than they were in 2011 at 3,732 units.
New home sales were up substantially from the previous year, over 70% with 48 homes sold. New home inventory did increase month over month but is still 29.9% lower than the same time … (0 comments)
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wichita mls: May, 2012 Wichita, KS real Estate Update
- 06/15/12 02:50 AM
May, 2012 Wichita, KS metro area
Real estate update
Mortgage Interest rates continued at Record lows for May, and June 2012. Quotes for 6-15-12 were 30 year FHA fixed rate loans at 3.25%, Conventional loans were at 3.625%.
15 year fixed rate loans were 2.875% for both FHA/VA and Conventional loans
A $200,000 loan on a 30 year fixed rate conventional loan would only be $1,113 per month.
The South Central Kansas MLS just released their May Wichita area home sales figures.
Existing home sales increased 11.6% between April and May and … (2 comments)
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wichita mls: Wichita, KS economic news for march, 2012
- 03/20/12 04:59 AM
Wichita Economic news for March, 2012
Data following is from the RE/MAX National Housing Report:
Nationally, home sales in February were 8.7% higher than sales in February 2011. This was the 8th straight month year-to-year sales have risen. Of the 53 metro areas included in the survey, 45 saw increases over February last year and an impressive 26 metro areas saw double-digit jumps. February inventory levels were 22.4% lower than the housing inventory in February 2011. Reduced foreclosure activity and increased consumer sentiment appears to be the risen for the significant inventory drop. Average sales prices year over … (0 comments)
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wichita mls: Wichita, KS economic and real estate report for December, 2011
- 12/15/11 09:51 AM
Wichita, KS economic and real estate report for December, 2011
The last month and especially last week was good economic news for Wichita, KS.
The unemployment rate in November, 2011 dropped to 8.6% nationally and dropped to 7.2% for the Wichita metro area and 6.7% for Kansas. Jobless claims the middle of December, 2011 dropped to 366,000. A sustained rate of 375,000 or below shows a economic recovery in place.
Last week the average 30 year, fixed rate mortgage dropped to 3.94% matching the all time low in October, 2011.
Employment in the aircraft … (1 comments)
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wichita mls: Wichita, KS, Housing report for October, 2011
- 10/15/11 05:18 AM
Wichita, KS home Sales and Market Update for
September, 2011
October, 14, 2011 Stan Longhofer, the director of the WSU Center for Real Estate held a industry meeting to discuss the Wichita area Housing market. His observations were:
1: This is the time to buy given the historically low interest rates plus pricing and supply of homes in the Wichita metro area.
2: Dan Jones with Capital Federal said we will see no better time in our lifetime to own and finance a new home
3: Wichita housing market has been showing … (2 comments)
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wichita mls: RE/MAX leads network report on top companies.....
- 05/11/11 10:18 AM
… (2 comments)
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wichita mls: Wichita, KS Real Estate activity for the 1st Quarter, 2011
- 04/18/11 06:24 AM
Wichita, KS real estate report for April, 2011
The South Central Kansas MLS reported just data for the 1st quarter of 2011. Existing sales increased 46% from February of 2011 but were 7% behind last year's #'s. The average sales price Year to date for existing sales was $112,243. Existing homes closings for the 1st quarter of 2011 were down 12% from a year ago and 38% below 2008 levels.
New home sales increased 17.9% over February and were 11.9% higher than a year ago. The year to date average sales price of new homes was $264,278 for the 1st quarter … (0 comments)
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wichita mls: April, 2011 update Market update for the Wichita, KS metro area.
- 04/04/11 09:20 AM
April, 2011 update Market update for the Wichita, KS metro area.
Good news for RE/MAX international in 2010. Like all large real estate companies over the last few years RE/MAX lost or eliminated a number of low and poor producers. Some were concerned that maybe RE/MAX had lost their leadership role in American and world Real Estate circles. You need not have worried. RE/MAX again continues to be the #1 Sales leaders in the U.S and Africa, Canada, The Caribbean, Europe and Latin America.
RE/MAX has been unstoppable in expanding its reach around the world. Recent successful moves into countries such … (1 comments)
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wichita mls: Wichita, KS Real Estate update for Feb., 2011
- 02/20/11 04:39 AM
Real Estate Report February, 2011
For the
Wichita, KS Metro Area
Existing home sales/closings dropped 41.5% between December, 2010 and January, 2011 according to the South central Kansas MLS.
The median sales price for that period also decreased 16.1% and YTD decreased 12.1% based on closed transactions. This does not mean that home values dropped, it means that more less expensive homes sold. The good news was contracts written in January increased and for RE/MAX Realty Professionals that increase was 25%.
New home sales also decreased during this period (closed Sales) by 43.6 % but new contracts written were at … (1 comments)
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wichita mls: January to June 2010, Wichita, KS Real estate update.
- 07/18/10 04:21 AM
2010, 1st Six Months, Economic &
Real estate activity for the Wichita, KS metro area
The South Central Kansas MLS has released their June, 2010 figures for Wichita-area homes sales.
Existing home sales decreased by almost 10% between May and June, 2010. However, YTD sales increased by 10% due primarily to the Federal Tax Credit offered until 4-30-2010. Many of the sales that closed in May and June were contributed to that Credit.
New home sales increased dramatically (58.8%) from May with 77 sales compared to only 274 for the 1st 6 months. New Home inventory increased 11% to … (1 comments)
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wichita mls: Wichita, KS real estate update, May, 2010
- 06/25/10 03:15 AM
May, 2010 MLS Sales Statistics for the
South Central Kansas area including
The Wichita, KS metro area
Home sales in May increased 5.7% over April 2010 closings, nationally they decreased 2.2%. Closings in May 2010 were still up 23% compared to May 2009. Average values of existing homes sold were up 2% over a year ago. This was expected with the end of the federal tax credit April 30, 2010 and closings needed to take place over the next two months. New contracts written since April 30th, 2010 and property showings are showing a downward trend (as much as 50%) and … (0 comments)
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wichita mls: Wichita, KS. Real estate activity for 1-1-10 to 4-30-10
- 05/24/10 04:44 AM
1st four months Sales data for the Wichita, KS metro area.
Residential real estate sales for 1-1-10 to 4-30-10
Existing home sales increased 33.9% between March and April, 2010. The median sales price of homes increased 5.6% on a year over year basis. Sale YTD are 9% higher than a year ago.
Existing home inventory was down 2.4% compared to a month ago but home inventory is 11.6% higher than it was a year ago. There were 3,765 residential homes on the market the end of April, 2010 in the South Central MLS district. . There have been around 18% … (0 comments)
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wichita mls: Real estate activity report for 2009 and projections for 2010
- 03/14/10 08:51 AM
Real estate activity report for 2009 and projections for 2010
The economy is growing but fallout from the recession continues to impact commercial real estate. No commercial real estate recovery is expected before 2011. The job market is expected to rebound in the 2nd half of 2010 and that will cause a rising demand for office and warehouse space says NAR Chief Economist Lawrence Yun. Consumer confidence later this year will sustain the retail sector and encourage more people to enter the rental retail market. February's increase in retail activity on top of the 4th quarter increase in 2009 seems … (2 comments)
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wichita mls: Wichita, KS real estate update for November, 2009
- 12/18/09 06:17 AM
November, 2009 Real Estate Report
For the
Wichita, KS Metro Area
Existing home sales decreased 4.8% from October, 2009 but were up 40% from a year ago because November was the original month that the $8,000 1st Time Buyer's Credit was suppose to have expired. The Tax Credit has since been extended to April 30, 2010 plus a $6,500 Tax credit for existing homes owners who have owned their principal residence more than 5 years.
The Average sales price has remained relatively stable in 2009 and is currently $120,721. Average days on the market for the … (0 comments)
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wichita mls: Wichita YTD real state market results for 2009
- 11/23/09 05:32 AM
November, 2009 MLS activity
Report for the Wichita, KS Metro area
November 11, 2009 WAAR reported October home sales for the Wichita Metro area.
Existing home sales/closings increased 11% over the previous month and were up 1% over October, 2008. The median sales price of homes in October was 1.9% above the October, 2008 figure.
New home sales were up 8% compared to the previous month of September, 2009.
Existing home inventory was down relative to September, 2009 but was 3.4% higher than a year ago. New home inventory is 24.1% from a year ago.
YTD sales are … (0 comments)
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wichita mls: 3rd quarter, 2009 Wichita real estate sales data.
- 10/16/09 09:33 AM
3rd Quarter report for Real Estate sales
Wichita, KS Metro area.
There are approximately 1902 Realtors. Only 455 Realtors did at least 9 sales so far this year or at least one sale per month. Approximately 75% of the MLS Realtors did not have at least one sale a month, the minimum to survive as a real estate agent. Kirk and I have sold close to 50 residential homes so far this year.
517 Realtors or 27% of all MLS participants did not have any sales in the first 9 months of 2009.
There has been a reduction … (2 comments)
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wichita mls: July, 2009 MLS and economic report for the Wichita, KS metro area
- 08/24/09 03:04 AM
July, 2009 MLS & Economic Report
Wichita, KS
July, 2009 Home sales figures:
Existing home sales decreased 4.5% from June, 2009 totals. June sales had been up 20% over last May's dismal figures. YTD home sales in the metro area are down 24% from 2008 totals as of the end of July. July, 2009 sales were down 16% compared to July 2008. #'s of new listing rose 3% in June compared to last year but were still down 5% YTD.
The number of existing homes on the market was slightly up compared to last month but was stable … (0 comments)
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wichita mls: Wichita, KS real estate activity for 2009
- 07/25/09 06:50 AM
The 1st 6 months, Wichita, KS metro area real estate activity
Existing home sales increased 20.9% over May 2009's figures but were still down 10% from the same period in 2008.
New home closings were up 48% compared to a month ago. The median new home price in June was $196,998 compared to $215,400 a month ago.
Existing homes on the market rose by a little over 2% compared to a month ago. The total inventory of existing homes was only 1.5% higher than a year ago.
Builders are slowing building and more buyers' interest in … (1 comments)
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wichita mls: Wichita, KS was a highly ranked city in 2008.
- 04/04/09 09:24 AM
Wichita was a highly ranked city in 2008
Wichita, KS for most of 2008 outpaced the rest of the nation in the quality of its real estate market, job increases and local private and public building projects. The economy started catching up with Wichita in the 3rd quarter and buy the 1st quarter of 2009 lay-offs increased the local unemployment rate to 6% and there for slowed down real estate sales.
Before all that happened Wichita has received many accolades in 2008
U-haul ranked us the #1 city for inbound moves Wichita is once again an All-American City Finalist … (0 comments)
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