wichita real estate report: Wichita, KS Real Estate update for Feb., 2011 - 02/20/11 12:39 PM
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)

 
Wayne Short (RE/MAX Grand Lake) Rainmaker large

Wayne Short

Grove, OK

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RE/MAX Grand Lake

Address: 2330 S. Main, Grove, OK, 74344

Mobile: 918-218-6011

Office: 918-786-9888

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