Home sales in South Central Kansas rose by 15.9% in December compared to the prior year. Sales in December 2024 totaled 789 units, up from 681 in 2023.

Among existing homes, 711 units sold in December, an increase of 16.2% from 612 units that sold in 2023. The average sale price of existing homes was $237,667. This represents an increase of 4.1% from the December 2023 average price of $228,299.

For new construction, 78 sales occurred in December, up from 69 units the prior year, an increase of 13.0%. The average sale price of new homes in December was $428,265, up 1.4% from the same period last year.

A total of 637 contracts for sale were written in December 2024, up from 578 in December 2023. This is an increase of 10.2%. Contracts written during the month reflect, in part, sales that are set to close in the near future.

The inventory of active listings in South Central Kansas stood at 1,812 units at the end of December, which is up from 1,365 homes that were on the market at the end of December last year. At the current rate of sales, this figure represents 2.3 months' supply of homes on the market.