Dodge City Area Home Sales Rose in May
Total home sales in the Dodge City area rose by 100.0% last month to 24 units, compared to 12 units in May 2016. Total sales volume was $2.3 million, up 66.8% from a year earlier. The median sale price in May was $94,650, down from $118,000 a year earlier. Homes that sold in May were typically on the market for 70 days and sold for 100.0% of their list prices.
Dodge City Area Active Listings Up at End of May
The total number of active listings in the Dodge City area at the end of May was 130 units, up from 107 at the same point in 2016. This represents a 5.4 months’ supply of homes available for sale. The median list price of homes on the market at the end of May was $125,250. During May, a total of 6 contracts were written down from 17 in May 2016. At the end of the month, there were 12 contracts pending, compared to 10 at the end of May 2016.