Dodge City Area Home Sales Rose in August
Total home sales in the Dodge City area rose by 18.2% last month to 26 units, compared to 22 units in August 2016. Total sales volume was $4.0 million, up 42.2% from a year earlier.
The median sale price in August was $158,500, up from $128,500 a year earlier. Homes that sold in August were typically on the market for 109 days and sold for 97.8% of their list prices.
Dodge City Area Active Listings Up at End of August
The total number of active listings in the Dodge City area at the end of August was 126 units, up from 103 at the same point in 2016. This represents a 4.8 months’ supply of homes available for sale. The median list price of homes on the market at the end of August was $127,250.
During August, a total of 10 contracts were written down from 19 in August 2016. At the end of the month, there were 13 contracts pending, compared to 7 at the end of August 2016.