Topeka Home Sales | Housing Market Statistics | February 2017

Topeka Home Sales Market Housing Stats February 2017

Topeka Home Sales | Housing Market Statistics | February 2017

Topeka Home Sales Fell in February

Total home sales in the Topeka area fell last month to 166 units, compared to 191 units in February 2016. Total sales volume was $23.1 million, down from a year earlier.

The median sale price in February was $114,500, up from $107,900 a year earlier. Homes that sold in February were typically on the market for 46 days and sold for 98.1% of their list prices.

Topeka Area Active Listings Down at End of February

The total number of active listings in the Topeka area at the end of February was 656 units, down from 807 at the same point in 2016. This represents a 4.0 months’ supply of homes available for sale. The median list price of homes on the market at the end of February was $110,000.

During February, a total of 258 contracts were written down from 287 in February 2016. At the end of the month, there were 381 contracts pending, compared to 392 at the end of February 2016.

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