23
KANSAS MLS STATISTICS Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 1 of 23 Provided by the WSU Center for Real Estate www.wichita.edu/realestate Entire State of Kansas September Summary Statistics 2013 2012 Change Home Sales 2,949 2,554 15.5% Active Listings 15,052 16,414 -8.3% Months' Supply 5.3 6.6 -19.5% New Listings 2,972 2,743 8.3% Contracts Written 2,299 2,379 -3.4% Pending Contracts 2,816 2,682 5.0% Sales Volume (1,000s) 503,529 402,214 25.2% Average Sale Price 170,746 157,484 8.4% List Price of Actives 205,838 193,126 6.6% Days on Market 79 92 -13.8% Percent of List 96.5% 95.7% 0.8% Percent of Original 93.3% 91.7% 1.7% Median Sale Price 146,500 140,000 4.6% List Price of Actives 139,900 139,900 0.0% Days on Market 49 60 -18.3% Percent of List 97.5% 97.2% 0.3% Percent of Original 95.9% 94.7% 1.3% Market Overview Statistics Page 2 Year-to-Date Statistics Page 3 Sold Listings Analysis Page 4 Active Listings Analysis Page 8 Months’ Supply Analysis Page 12 New Listings Analysis Page 13 Contracts Written Analysis Page 16 Pending Contracts Analysis Page 20 Kansas Home Sales Rose in September Total home sales in the state of Kansas rose by 15.5% last month to 2,949 units, compared to 2,554 units in September 2012. Total sales volume was $503.5 million, up 25.2% from a year earlier. The median sale price in September was $146,500, up from $140,000 a year earlier. Homes that sold in September were typically on the market for 49 days and sold for 97.5% of their list prices. Kansas Active Listings Down at End of September The total number of active listings in the state of Kansas at the end of September was 15,052 units, down from 16,414 at the same point in 2012. This represents a 5.3 months' supply of homes available for sale. The median list price of homes on the market at the end of September was $139,900. During September, a total of 2,299 contracts were written down from 2,379 in September 2012. At the end of the month, there were 2,816 contracts pending, compared to 2,682 at the end of September 2012. KAR – The Voice of Real Estate in Kansas The Kansas Association of REALTORS® (KAR) provides members with applications, ideas, knowledge and tools to help them succeed in real estate. Members can learn how to apply technology and productivity tools to grow their business; acquire knowledge about real estate trends, legal issues, legislation and regulation to gain a competitive advantage in the marketplace and connect with the best in the business to share knowledge and experience. This monthly statewide market report is provided so members can deliver the most accurate information to their clients and customers. Contact Information Karen Gehle, Chief Executive Officer Kansas Association of REALTORS® 3644 W Burlingame Road Topeka, KS 66611 800-366-0069 [email protected] www.kansasrealtor.com

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Page 1: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 1 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

Entire State of Kansas September Summary Statistics 2013 2012 Change Home Sales 2,949 2,554 15.5% Active Listings 15,052 16,414 -8.3% Months' Supply 5.3 6.6 -19.5% New Listings 2,972 2,743 8.3% Contracts Written 2,299 2,379 -3.4% Pending Contracts 2,816 2,682 5.0% Sales Volume (1,000s) 503,529 402,214 25.2%

Aver

age

Sale Price 170,746 157,484 8.4%

List Price of Actives 205,838 193,126 6.6%

Days on Market 79 92 -13.8%

Percent of List 96.5% 95.7% 0.8%

Percent of Original 93.3% 91.7% 1.7% M

edian

Sale Price 146,500 140,000 4.6%

List Price of Actives 139,900 139,900 0.0%

Days on Market 49 60 -18.3%

Percent of List 97.5% 97.2% 0.3%

Percent of Original 95.9% 94.7% 1.3%

• Market Overview Statistics – Page 2

• Year-to-Date Statistics – Page 3

• Sold Listings Analysis – Page 4

• Active Listings Analysis – Page 8

• Months’ Supply Analysis – Page 12

• New Listings Analysis – Page 13

• Contracts Written Analysis – Page 16

• Pending Contracts Analysis – Page 20

Kansas Home Sales Rose in September Total home sales in the state of Kansas rose by 15.5% last month to 2,949 units, compared to 2,554 units in September 2012. Total sales volume was $503.5 million, up 25.2% from a year earlier. The median sale price in September was $146,500, up from $140,000 a year earlier. Homes that sold in September were typically on the market for 49 days and sold for 97.5% of their list prices. Kansas Active Listings Down at End of September The total number of active listings in the state of Kansas at the end of September was 15,052 units, down from 16,414 at the same point in 2012. This represents a 5.3 months' supply of homes available for sale. The median list price of homes on the market at the end of September was $139,900. During September, a total of 2,299 contracts were written down from 2,379 in September 2012. At the end of the month, there were 2,816 contracts pending, compared to 2,682 at the end of September 2012. KAR – The Voice of Real Estate in Kansas The Kansas Association of REALTORS® (KAR) provides members with applications, ideas, knowledge and tools to help them succeed in real estate. Members can learn how to apply technology and productivity tools to grow their business; acquire knowledge about real estate trends, legal issues, legislation and regulation to gain a competitive advantage in the marketplace and connect with the best in the business to share knowledge and experience. This monthly statewide market report is provided so members can deliver the most accurate information to their clients and customers. Contact Information Karen Gehle, Chief Executive Officer Kansas Association of REALTORS® 3644 W Burlingame Road Topeka, KS 66611 800-366-0069 [email protected] www.kansasrealtor.com

Page 2: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS®

using data from the Participating Kansas REALTOR® MLS Systems. Page 2 of 23 Provided by the WSU Center for Real Estate

www.wichita.edu/realestate

ENTIRE STATE OF KANSAS BREAKDOWNS BY HOME TYPE

AS OF 10/15/2013

MARKET OVERVIEW STATISTICS

September MLS Statistics 2013 2012 2011

By Property Type Total Existing New Total Existing New Total Existing New

Home Sales 2,949 2,770 179 2,554 2,346 191 2,502 2,342 150 Change from prior year 15.5% 18.1% -6.3% 2.1% 0.2% 27.3% 13.8% 15.9% -12.3%

Active Listings 15,052 13,998 1,054 16,414 15,429 985 18,607 17,355 1,252 Change from prior year -8.3% -9.3% 7.0% -11.8% -11.1% -21.3% -10.7% -9.6% -23.5%

Months' Supply 5.3 5.3 5.8 6.6 6.7 5.2 7.9 8.0 7.5 Change from prior year -19.5% -21.3% 10.2% -16.3% -15.2% -30.1% -21.6% -21.4% -24.6%

New Listings 2,972 2,795 177 2,743 2,600 143 2,946 2,767 179 Change from prior year 8.3% 7.5% 23.8% -6.9% -6.0% -20.1% -6.1% -6.7% 5.9%

Contracts Written 2,299 2,149 150 2,379 2,219 160 2,165 2,032 133 Change from prior year -3.4% -3.2% -6.3% 9.9% 9.2% 20.3% 9.3% 10.3% -3.6%

Pending Contracts 2,816 2,272 544 2,682 2,234 448 2,232 1,934 298 Change from prior year 5.0% 1.7% 21.4% 20.2% 15.5% 50.3% 14.6% 15.8% 7.6%

Sales Volume (1,000s) 503,529 446,032 57,497 402,214 348,469 53,745 372,605 329,077 43,528 Change from prior year 25.2% 28.0% 7.0% 7.9% 5.9% 23.5% 12.6% 14.7% -1.5%

Aver

age

Sale Price 170,746 161,022 321,212 157,484 148,538 281,386 148,923 140,511 290,185 Change from prior year 8.4% 8.4% 14.2% 5.7% 5.7% -3.0% -1.1% -1.0% 12.3%

List Price of Actives 205,838 197,654 320,613 193,126 186,597 295,485 199,886 194,063 285,046 Change from prior year 6.6% 5.9% 8.5% -3.4% -3.8% 3.7% -4.9% -4.4% -6.4%

Days on Market 79 78 92 92 88 135 108 106 141 Change from prior year -13.8% -11.2% -31.8% -15.2% -16.8% -3.6% 9.6% 14.0% -19.2%

Percent of List 96.5% 96.1% 101.4% 95.7% 95.2% 101.1% 94.9% 94.5% 100.5% Change from prior year 0.8% 0.9% 0.3% 0.8% 0.8% 0.6% 0.4% 0.4% 0.7%

Percent of Original 93.3% 92.7% 102.1% 91.7% 91.0% 100.3% 90.0% 89.3% 99.7% Change from prior year 1.7% 1.8% 1.8% 2.0% 2.0% 0.6% 0.2% 0.2% 1.3%

Med

ian

Sale Price 146,500 139,900 305,475 140,000 132,500 265,000 135,475 128,000 269,225 Change from prior year 4.6% 5.6% 15.3% 3.3% 3.5% -1.6% 1.9% 2.4% 7.7%

List Price of Actives 139,900 133,000 295,000 139,900 133,900 263,800 149,900 142,700 255,000 Change from prior year 0.0% -0.7% 11.8% -6.7% -6.2% 3.5% -3.2% -4.2% 4.1%

Days on Market 49 49 46 60 59 82 78 77 99 Change from prior year -18.3% -16.9% -44.5% -23.1% -23.4% -17.2% 16.4% 16.7% -2.9%

Percent of List 97.5% 97.3% 100.0% 97.2% 96.9% 100.0% 96.7% 96.4% 100.0% Change from prior year 0.3% 0.4% 0.0% 0.5% 0.6% 0.0% -0.1% -0.1% 0.0%

Percent of Original 95.9% 95.5% 100.3% 94.7% 94.2% 100.0% 93.3% 92.8% 100.0% Change from prior year 1.3% 1.4% 0.3% 1.5% 1.5% 0.0% -0.3% -0.5% 0.0%

Page 3: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS®

using data from the Participating Kansas REALTOR® MLS Systems. Page 3 of 23 Provided by the WSU Center for Real Estate

www.wichita.edu/realestate

ENTIRE STATE OF KANSAS YTD BREAKDOWNS BY HOME TYPE

AS OF 10/15/2013

YEAR-TO-DATE STATISTICS

Year-to-Date Activity 2013 2012 2011 By Property Type Total Existing New Total Existing New Total Existing New

Home Sales 27,171 25,323 1,809 24,414 22,670 1,646 21,735 20,193 1,426 Change from prior year 11.3% 11.7% 9.9% 12.3% 12.3% 15.4% -3.7% -1.8% -22.9%

New Listings 31,673 29,804 1,869 30,296 28,572 1,724 30,316 28,742 1,574 Change from prior year 4.5% 4.3% 8.4% -0.1% -0.6% 9.5% -8.0% -7.9% -9.9%

Contracts Written 28,280 26,351 1,929 26,003 24,167 1,836 22,644 21,152 1,492 Change from prior year 8.8% 9.0% 5.1% 14.8% 14.3% 23.1% 3.2% 4.9% -15.8%

Sales Volume (1,000s) 4,619,498 4,034,438 585,061 3,852,061 3,368,806 483,255 3,307,211 2,901,330 405,881 Change from prior year 19.9% 19.8% 21.1% 16.5% 16.1% 19.1% -5.7% -3.9% -16.6%

Aver

age

Sale Price 170,016 159,319 323,417 157,781 148,602 293,593 152,161 143,680 284,629 Change from prior year 7.8% 7.2% 10.2% 3.7% 3.4% 3.1% -2.1% -2.2% 8.2%

Days on Market 84 82 117 100 96 143 107 103 161 Change from prior year -15.6% -15.4% -18.1% -6.9% -6.6% -11.3% 6.4% 10.4% -13.4%

Percent of List 96.6% 96.2% 101.2% 95.7% 95.3% 100.6% 95.2% 94.8% 100.2% Change from prior year 0.9% 0.9% 0.6% 0.5% 0.5% 0.4% -0.4% -0.5% 0.5%

Percent of Original 93.6% 93.0% 101.4% 91.7% 91.0% 99.9% 90.6% 90.0% 99.2% Change from prior year 2.1% 2.2% 1.5% 1.2% 1.2% 0.7% -1.5% -1.6% 0.8%

Med

ian

Sale Price 150,000 143,000 304,052 141,000 134,000 267,700 135,000 128,000 259,540 Change from prior year 6.4% 6.7% 13.6% 4.4% 4.7% 3.1% -4.9% -5.2% 9.1%

Days on Market 51 50 74 63 61 90 72 71 103 Change from prior year -19.0% -18.0% -17.8% -12.5% -14.1% -12.6% 12.5% 14.5% -8.0%

Percent of List 97.8% 97.6% 100.0% 97.2% 96.9% 100.0% 96.8% 96.5% 100.0% Change from prior year 0.7% 0.7% 0.0% 0.4% 0.4% 0.0% -0.5% -0.5% 0.0%

Percent of Original 96.3% 95.8% 100.0% 94.8% 94.3% 100.0% 93.9% 93.4% 100.0% Change from prior year 1.6% 1.6% 0.0% 0.9% 1.0% 0.0% -1.2% -1.5% 0.0%

Page 4: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS®

using data from the Participating Kansas REALTOR® MLS Systems. Page 4 of 23 Provided by the WSU Center for Real Estate

www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

SOLD LISTINGS ANALYSIS

Summary Statistics September Year-to-Date for Sold Listings 2013 2012 Change 2013 2012 Change

Sold Listings 2,949 2,554 15.5% 27,171 24,414 11.3%

Volume (1,000s) 503,529 402,214 25.2% 4,619,499 3,852,061 19.9%

Aver

age

Sale Price 170,746 157,484 8.4% 170,016 157,781 7.8%

Days on Market 79 92 -13.8% 84 100 -15.6%

Percent of List 96.5% 95.7% 0.8% 96.6% 95.7% 0.9%

Percent of Original 93.3% 91.7% 1.7% 93.6% 91.7% 2.1%

Med

ian

Sale Price 146,500 140,000 4.6% 150,000 141,000 6.4%

Days on Market 49 60 -18.3% 51 63 -19.0%

Percent of List 97.5% 97.2% 0.3% 97.8% 97.2% 0.7%

Percent of Original 95.9% 94.7% 1.3% 96.3% 94.8% 1.6%

A total of 2,949 homes sold in the state of Kansas in September, up from 2,554 units in September 2012. Total sales volume rose to $503.5 million compared to $402.2 million in the previous year. The median sales price in September was $146,500, up 4.6% compared to the prior year. Median days on market was 49 days, up from 48 days in August, but down from 60 in September 2012.

0

1,000

2,000

3,000

4,000

2009 2010 2011 2012 2013

Seasonally Adjusted

Actual Values

Units

Page 5: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS®

using data from the Participating Kansas REALTOR® MLS Systems. Page 5 of 23 Provided by the WSU Center for Real Estate

www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

SOLD LISTINGS ANALYSIS

Sales Sale Price Days on Market Price as % of List Price as % of Orig. Price Range Number Percent Volume Average Median Average Median Average Median Average Median

Below $25,000 82 2.8% 1,354 16,515 17,500 97 48 92.5% 91.7% 82.3% 75.7% $25,000-$49,999 177 6.0% 6,460 36,496 37,000 100 64 90.3% 90.6% 83.5% 85.6% $50,000-$99,999 420 14.2% 31,333 74,603 75,000 92 58 95.3% 96.0% 90.3% 93.3% $100,000-$124,999 206 7.0% 23,118 112,225 112,250 94 55 96.6% 97.2% 93.4% 94.1% $125,000-$149,999 216 7.3% 29,653 137,281 137,000 72 49 97.5% 98.1% 95.4% 96.4% $150,000-$174,999 203 6.9% 32,793 161,541 160,500 67 44 97.9% 98.2% 96.2% 97.2% $175,000-$199,999 175 5.9% 32,859 187,768 188,000 58 37 97.9% 98.6% 96.4% 97.5% $200,000-$249,999 216 7.3% 48,575 224,886 225,050 65 46 98.3% 98.4% 96.9% 97.5% $250,000-$299,999 149 5.1% 40,361 270,876 270,000 56 39 98.2% 98.5% 96.9% 97.9% $300,000 and up 295 10.0% 142,381 482,647 381,000 80 50 98.0% 98.3% 96.5% 97.2% All price ranges 2,949 100.0% 503,529 170,746 146,500 79 49 96.5% 97.5% 93.3% 95.9%

Month 2011 2012 2013January 1,404 1,637 1,847February 1,557 1,871 1,956March 2,248 2,582 2,730April 2,547 2,682 2,952May 2,816 3,265 3,794June 3,049 3,377 3,629July 2,783 3,211 3,806August 2,829 3,235 3,508September 2,502 2,554 2,949October 2,158 2,642November 2,071 2,604December 2,204 2,469

1,500

2,000

2,500

3,000

3,500

4,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Units

Page 6: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 6 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

SOLD LISTINGS ANALYSIS

Month 2011 2012 2013January 122,950 120,000 130,000February 120,000 118,250 129,000March 126,425 133,825 145,000April 127,500 139,000 141,400May 135,000 144,850 156,000June 145,000 150,000 161,500July 141,750 150,000 160,000August 141,500 149,000 158,000September 135,475 140,000 146,500October 130,000 140,500November 132,000 136,000December 125,000 145,000

Month 2011 2012 2013January 142,770 137,726 150,979February 137,828 137,714 150,878March 141,257 149,232 163,005April 143,283 154,593 160,018May 156,121 159,490 174,144June 164,192 172,938 181,108July 160,718 165,644 181,081August 158,902 163,883 176,020September 148,923 157,484 170,746October 150,665 155,703November 150,108 156,673December 144,173 166,421

140,000

150,000

160,000

170,000

180,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Dollars

120,000

130,000

140,000

150,000

160,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Dollars

Page 7: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 7 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

SOLD LISTINGS ANALYSIS

Month 2011 2012 2013January 86 82 67February 83 81 74March 79 82 58April 77 65 52May 64 56 48June 69 55 43July 65 56 45August 67 59 48September 78 60 49October 74 63November 76 65December 80 61

Month 2011 2012 2013January 118 112 98February 114 114 101March 111 112 93April 115 107 94May 103 98 85June 107 92 74July 98 94 75August 100 92 77September 108 92 79October 108 93November 106 97December 116 9470

80

90

100

110

120

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Days

40

50

60

70

80

90

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Days

Page 8: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 8 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

ACTIVE LISTINGS ANALYSIS

Summary Statistics End of September for Active Listings 2013 2012 Change

Active Listings 15,052 16,414 -8.3%

Months' Supply 5.3 6.6 -19.5%

Volume (1,000s) 3,098,280 3,169,973 -2.3%

Aver

age List Price 205,838 193,126 6.6%

Days on Market 120 133 -9.2%

Percent of Original 97.0% 96.4% 0.6%

Med

ian List Price 139,900 139,900 0.0%

Days on Market 76 85 -10.6%

Percent of Original 100.0% 100.0% 0.0%

A total of 15,052 homes were available for sale in the state of Kansas at the end of September. This represents a 5.3 months' supply of active listings. The median list price of homes on the market at the end of September was $139,900, showing little change from the same point in 2012 The typical time on market for active listings was 76 days, down from 85 days a year earlier.

0

5,000

10,000

15,000

20,000

2009 2010 2011 2012 2013

Seasonally Adjusted

Actual Values

Units

Page 9: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 9 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

ACTIVE LISTINGS ANALYSIS

Active Listings Months' List Price Days on Market List as % Orig. Price Range Number Percent Volume Supply Average Median Average Median Average Median

Below $25,000 261 1.7% 4,409 3.2 16,894 18,000 131 77 89.5% 100.0% $25,000-$49,999 940 6.2% 36,980 5.3 39,340 39,900 151 86 94.7% 100.0% $50,000-$99,999 2,649 17.6% 202,289 6.3 76,364 75,900 143 87 96.2% 100.0% $100,000-$124,999 1,082 7.2% 123,400 5.3 114,048 114,950 125 80 96.4% 100.0% $125,000-$149,999 1,321 8.8% 181,393 6.1 137,315 137,900 101 70 97.9% 100.0% $150,000-$174,999 945 6.3% 153,568 4.7 162,506 161,900 97 65 97.8% 100.0% $175,000-$199,999 846 5.6% 158,714 4.8 187,605 187,500 91 65 97.9% 100.0% $200,000-$249,999 886 5.9% 200,195 4.1 225,953 225,000 94 65 98.5% 100.0% $250,000-$299,999 675 4.5% 185,401 4.5 274,669 274,500 106 64 98.4% 100.0% $300,000 and up 1,798 11.9% 1,100,828 6.1 612,252 444,475 125 82 98.0% 100.0% All price ranges 15,052 100.0% 3,098,280 5.1 205,838 139,900 120 76 97.0% 100.0%

Month 2011 2012 2013January 17,535 15,182 13,565February 17,329 15,545 13,692March 18,776 16,338 14,044April 19,782 16,779 14,658May 19,844 17,932 15,112June 19,455 16,923 15,255July 19,471 16,805 15,349August 19,127 16,499 15,205September 18,607 16,414 15,052October 18,238 15,532November 16,478 14,542December 14,856 13,08912,000

14,000

16,000

18,000

20,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2011 2012 2013

Units

Page 10: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 10 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

ACTIVE LISTINGS ANALYSIS

Month 2011 2012 2013January 144,900 139,900 129,950February 145,000 140,500 134,900March 149,900 145,700 136,000April 150,000 148,900 139,900May 154,000 145,000 139,500June 153,900 145,000 139,900July 150,000 143,000 139,900August 149,900 139,900 139,900September 149,900 139,900 139,900October 147,500 135,000November 145,000 130,000December 139,950 129,500

Month 2011 2012 2013January 195,161 190,367 185,407February 197,247 193,677 191,062March 201,328 196,765 195,696April 203,099 199,773 199,644May 205,680 198,322 199,643June 205,955 198,916 202,230July 201,677 196,979 207,285August 199,915 193,817 207,682September 199,886 193,126 205,838October 204,744 190,882November 195,045 186,296December 190,244 185,348185,000

190,000

195,000

200,000

205,000

210,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Dollars

130,000

135,000

140,000

145,000

150,000

155,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2011 2012 2013

Dollars

Page 11: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 11 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

ACTIVE LISTINGS ANALYSIS

Month 2011 2012 2013January 99 107 99February 101 99 89March 72 80 74April 63 71 69May 71 77 64June 78 78 64July 81 78 67August 83 83 73September 81 85 76October 82 92November 93 94December 107 99

Month 2011 2012 2013January 135 149 145February 137 147 141March 123 141 134April 119 133 126May 121 133 121June 122 129 117July 122 128 116August 125 132 119September 123 133 120October 124 138November 134 142December 152 149

120

130

140

150

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2011 2012 2013

Days

60

70

80

90

100

110

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2011 2012 2013

Days

Page 12: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 12 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

MONTHS’ SUPPLY ANALYSIS

Month 2011 2012 2013January 12.7 9.4 7.6February 11.5 8.5 7.3March 8.8 6.5 5.2April 8.3 6.3 5.1May 7.2 5.5 3.9June 6.5 4.9 4.2July 7.3 5.2 4.0August 7.1 5.2 4.5September 7.9 6.6 5.3October 8.8 6.2November 8.3 5.7December 7.1 5.3

0.0

5.0

10.0

15.0

2009 2010 2011 2012 2013

Seasonally Adjusted

Actual Values

Months

4

6

8

10

12

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2011 2012 2013

Months

Page 13: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

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ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

NEW LISTINGS ANALYSIS

Summary Statistics September for New Listings 2013 2012 Change

Curre

nt M

onth

New Listings 2,972 2,743 8.3%

Volume (1,000s) 564,472 475,995 18.6%

Average List Price 189,930 173,531 9.5%

Median List Price 148,500 134,950 10.0%

YTD

New Listings 31,673 30,296 4.5%

Volume (1,000s) 6,067,777 5,487,167 10.6%

Average List Price 191,576 181,119 5.8%

Median List Price 149,900 143,000 4.8%

A total of 2,972 new listings were added in the state of Kansas during September, up 8.3% from the same month in 2012. Year-to-date the state of Kansas has seen 31,673 new listings. The median list price of these homes was $148,500 up from $134,950 in 2012.

0

1,000

2,000

3,000

4,000

5,000

2009 2010 2011 2012 2013

Seasonally Adjusted

Actual Values

Units

Page 14: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

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ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

NEW LISTINGS ANALYSIS

New Listings List Price Price Range Number Percent Volume Average Median

Below $25,000 66 2.2% 1,050 15,916 18,375 $25,000-$49,999 213 7.2% 8,159 38,303 38,900 $50,000-$99,999 621 20.9% 47,388 76,308 75,500 $100,000-$124,999 262 8.8% 29,872 114,014 114,900 $125,000-$149,999 375 12.6% 51,619 137,650 137,500 $150,000-$174,999 267 9.0% 43,350 162,358 162,000 $175,000-$199,999 245 8.2% 45,926 187,455 186,000 $200,000-$249,999 268 9.0% 60,876 227,151 225,000 $250,000-$299,999 207 7.0% 56,852 274,647 274,900 $300,000 and up 445 15.0% 218,811 491,710 399,900 All price ranges 2,972 100.0% 564,472 189,930 148,500

Month 2011 2012 2013January 2,739 2,895 2,977February 2,671 2,952 2,815March 4,204 3,883 3,514April 4,010 3,871 4,159May 3,619 3,735 4,234June 3,633 3,609 3,893July 3,210 3,409 3,690August 3,284 3,199 3,419September 2,946 2,743 2,972October 2,730 2,887November 2,210 2,360December 1,744 1,814

2,000

3,000

4,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Units

Page 15: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 15 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

NEW LISTINGS ANALYSIS

Month 2011 2012 2013January 127,500 135,000 135,000February 148,000 144,000 150,000March 147,500 153,800 149,925April 149,985 149,900 153,250May 145,900 143,900 150,000June 139,900 144,900 150,000July 139,500 140,000 149,900August 139,000 135,500 149,950September 139,900 134,950 148,500October 134,900 130,000November 125,000 129,000December 119,900 129,000

Month 2011 2012 2013January 164,268 174,484 173,734February 179,364 183,577 188,334March 186,192 186,051 193,014April 185,356 196,401 194,034May 187,816 180,276 191,949June 170,662 179,845 194,138July 170,505 176,688 206,380August 171,653 174,000 187,382September 171,883 173,531 189,930October 168,856 176,164November 159,650 160,182December 152,557 174,778140,000

160,000

180,000

200,000

220,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Dollars

120,000

130,000

140,000

150,000

160,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Dollars

Page 16: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

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ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

CONTRACTS WRITTEN ANALYSIS

Summary Statistics September Year-to-Date for Contracts Written 2013 2012 Change 2013 2012 Change

Contracts Written 2,299 2,379 -3.4% 28,280 26,003 8.8%

Volume (1,000s) 406,850 416,943 -2.4% 5,302,520 4,604,499 15.2%

Aver

age List Price 176,968 175,260 1.0% 187,501 177,076 5.9%

Days on Market 76 91 -16.9% 80 96 -16.4%

Percent of Original 94.3% 91.0% 3.6% 94.0% 91.9% 2.2%

Med

ian List Price 148,500 144,650 2.7% 156,900 149,900 4.7%

Days on Market 45 62 -27.4% 48 60 -20.0%

Percent of Original 98.6% 94.2% 4.7% 96.8% 95.0% 1.9%

A total of 2,299 contracts for sale were written in the state of Kansas during the month of September, down from 2,379 in 2012. The median list price of these homes was $148,500, up from $144,650 the prior year. Half of the homes that went under contract in September were on the market less than 45 days, compared to 62 days in September 2012.

0

1,000

2,000

3,000

4,000

2009 2010 2011 2012 2013

Seasonally Adjusted

Actual Values

Units

Page 17: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 17 of 23

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ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

CONTRACTS WRITTEN ANALYSIS

Contracts Written List Price Days on Market List as % Orig. Price Range Number Percent Volume Average Median Average Median Average Median

Below $25,000 61 2.7% 1,025 16,802 17,500 69 40 84.2% 86.1% $25,000-$49,999 159 6.9% 5,942 37,374 36,300 91 55 85.4% 89.2% $50,000-$99,999 315 13.7% 24,550 77,936 78,000 91 61 91.7% 96.1% $100,000-$124,999 127 5.5% 14,480 114,016 114,900 98 65 94.7% 96.9% $125,000-$149,999 165 7.2% 22,643 137,228 137,000 72 54 96.3% 98.6% $150,000-$174,999 146 6.4% 23,792 162,956 163,925 57 35 96.6% 98.2% $175,000-$199,999 137 6.0% 25,726 187,778 188,000 77 41 96.7% 100.0% $200,000-$249,999 161 7.0% 36,481 226,590 225,000 67 40 97.0% 99.1% $250,000-$299,999 123 5.4% 33,734 274,257 270,000 54 29 98.2% 100.0% $300,000 and up 202 8.8% 94,070 465,692 385,425 67 39 98.8% 100.0% All price ranges 2,299 100.0% 406,850 176,968 148,500 76 45 94.3% 98.6%

Month 2011 2012 2013January 1,786 2,336 2,598February 2,025 2,540 2,583March 2,869 3,263 3,254April 2,796 3,195 3,762May 2,945 3,302 3,839June 2,810 3,103 3,513July 2,583 2,958 3,388August 2,665 2,927 3,044September 2,165 2,379 2,299October 2,133 2,727November 2,094 2,277December 1,655 1,8521,500

2,000

2,500

3,000

3,500

4,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Units

Page 18: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 18 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

CONTRACTS WRITTEN ANALYSIS

Month 2011 2012 2013January 134,900 134,900 139,900February 130,000 139,950 156,950March 139,900 149,900 156,000April 148,000 157,000 159,900May 146,000 149,950 166,500June 148,000 154,950 159,950July 149,000 154,900 155,250August 139,900 144,500 152,000September 139,000 144,650 148,500October 139,500 144,500November 134,900 145,000December 125,100 143,950

Month 2011 2012 2013January 162,012 162,267 174,211February 158,684 169,548 187,788March 167,794 174,910 189,737April 177,645 189,901 188,508May 176,480 178,784 198,878June 173,467 184,890 189,398July 179,152 179,209 188,810August 161,423 172,176 183,952September 164,608 175,260 176,968October 163,863 178,663November 165,595 178,286December 156,393 181,708

160,000

170,000

180,000

190,000

200,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Dollars

120,000

130,000

140,000

150,000

160,000

170,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Dollars

Page 19: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 19 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

CONTRACTS WRITTEN ANALYSIS

Month 2011 2012 2013January 82 84 70February 83 74 53March 71 58 47April 62 55 46May 62 53 43June 67 55 45July 70 62 47August 77 61 47September 74 62 45October 73 64November 82 63December 81 64

Month 2011 2012 2013January 111 111 99February 112 107 92March 107 103 85April 103 91 80May 100 90 75June 100 92 72July 101 90 76August 107 91 73September 107 91 76October 106 95November 112 96December 118 9370

80

90

100

110

120

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Days

40

50

60

70

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Days

Page 20: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 20 of 23

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ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

PENDING CONTRACTS ANALYSIS

Summary Statistics End of September for Pending Contracts 2013 2012 Change

Pending Contracts 2,816 2,682 5.0%

Volume (1,000s) 597,996 502,343 19.0%

Aver

age List Price 212,356 187,301 13.4%

Days on Market 73 85 -14.3%

Percent of Original 97.1% 95.7% 1.4%

Med

ian List Price 165,000 149,500 10.4%

Days on Market 34 49 -30.6%

Percent of Original 100.0% 100.0% 0.0%

A total of 2,816 listings in the state of Kansas had a contracts pending at the end of September, up from 2,682 contracts pending at the end of September 2012. Pending contracts reflect listings with a contract in place at the end of the month. In contrast, contracts written measures the number of listings put under contract during the month.

0

1,000

2,000

3,000

4,000

2009 2010 2011 2012 2013

Seasonally Adjusted

Actual Values

Units

Page 21: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 21 of 23

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ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

PENDING CONTRACTS ANALYSIS

Contracts Pending List Price Days on Market List as % Orig. Price Range Number Percent Volume Average Median Average Median Average Median

Below $25,000 92 3.3% 1,566 17,017 17,000 79 40 87.7% 100.0% $25,000-$49,999 182 6.5% 6,938 38,121 36,750 101 54 91.5% 100.0% $50,000-$99,999 495 17.6% 38,752 78,286 79,900 101 62 94.6% 100.0% $100,000-$124,999 230 8.2% 25,976 112,937 112,975 87 52 97.3% 100.0% $125,000-$149,999 279 9.9% 38,480 137,921 139,000 82 46 97.4% 100.0% $150,000-$174,999 211 7.5% 34,160 161,894 160,000 58 35 98.2% 100.0% $175,000-$199,999 205 7.3% 38,457 187,595 187,000 75 36 98.2% 100.0% $200,000-$249,999 274 9.7% 62,065 226,514 225,000 75 26 98.3% 100.0% $250,000-$299,999 237 8.4% 65,336 275,680 275,000 51 20 98.9% 100.0% $300,000 and up 611 21.7% 286,267 468,522 409,075 43 3 99.8% 100.0% All price ranges 2,816 100.0% 597,996 212,356 165,000 73 34 97.1% 100.0%

Month 2011 2012 2013January 1,695 2,113 2,445February 1,796 2,522 2,899March 2,466 3,108 3,238April 2,760 3,402 3,832May 2,786 4,331 3,904June 2,391 3,277 3,727July 2,415 3,027 3,306August 2,304 2,863 2,998September 2,232 2,682 2,816October 2,056 2,656November 1,808 2,508December 1,746 2,1421,000

2,000

3,000

4,000

5,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Units

Page 22: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 22 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

PENDING CONTRACTS ANALYSIS

Month 2011 2012 2013January 137,900 138,900 150,000February 139,000 142,000 158,000March 135,000 149,900 159,900April 139,950 155,645 164,500May 146,650 154,900 169,900June 149,900 152,900 169,000July 148,000 150,000 165,900August 139,950 149,500 159,925September 139,900 149,500 165,000October 139,900 149,900November 143,500 150,000December 137,800 150,000

Month 2011 2012 2013January 169,767 178,436 201,323February 170,604 179,709 202,315March 173,043 183,124 202,646April 178,046 191,118 206,539May 185,162 191,987 212,118June 188,674 189,408 211,396July 186,115 189,657 210,652August 176,543 186,890 207,494September 180,393 187,301 212,356October 176,061 193,472November 185,493 198,208December 180,563 217,871170,000

180,000

190,000

200,000

210,000

220,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Dollars

130,000

140,000

150,000

160,000

170,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Dollars

Page 23: Kansas housing Market Statistics - September 2013

KANSAS MLS STATISTICS

Prepared on 10/21/2013 courtesy of the Kansas Association of REALTORS® using data from the Participating Kansas REALTOR® MLS Systems. Page 23 of 23

Provided by the WSU Center for Real Estate www.wichita.edu/realestate

ENTIRE STATE OF KANSAS ALL HOMES

AS OF 10/15/2013

PENDING CONTRACTS ANALYSIS

Month 2011 2012 2013January 67 70 55February 68 67 45March 65 51 39April 53 43 34May 50 42 29June 52 41 28July 58 46 32August 68 49 33September 68 49 34October 66 48November 67 52December 73 51

Month 2011 2012 2013January 106 112 93February 106 107 91March 105 101 87April 96 93 79May 94 84 73June 90 86 71July 97 89 74August 106 88 72September 110 85 73October 105 90November 107 91December 113 9070

80

90

100

110

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Days

30

40

50

60

70

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

201120122013

Days