Dodge City Area Home Sales Rose in July
Total home sales in the Dodge City area rose by 63.6% last month to 18 units, compared to 11 units in July 2016. Total sales volume was $2.3 million, up 70.4% from a year earlier. The median sale price in July was $115,250, up from $115,000 a year earlier. Homes that sold in July were typically on the market for 67 days and sold for 100.0% of their list prices.
Dodge City Area Active Listings Up at End of July
The total number of active listings in the Dodge City area at the end of July was 137 units, up from 111 at the same point in 2016. This represents a 7.6 months’ supply of homes available for sale. The median list price of homes on the market at the end of July was $130,000. During July, a total of 3 contracts were written down from 17 in July 2016. At the end of the month, there were 9 contracts pending, compared to 7 at the end of July 2016.