Dodge City Area Home Sales Rose in May
Total home sales in the Dodge City area rose by 13.0% last month to 26 units, compared to 23 units in May 2014. Total sales volume was $3.4 million, up 62.4% from a year earlier.
The median sale price in May was $135,250, up from $86,000 a year earlier. Homes that sold in May were typically on the market for 107 days and sold for 97.8% of their list prices.
Dodge City Area Active Listings Remain the same at End of May
The total number of active listings in the Dodge City area at the end of May was 123 units, the same as in May 2014. This represents a 4.7 months’ supply of homes available for sale. The median list price of homes on the market at the end of May was $119,900.
During May, a total of 8 contracts were written down from 22 in May 2014. At the end of the month, there were 6 contracts pending, compared to 9 at the end of May 2014.
Your Association Working for You!
The Dodge MLS statistical reports are one of the many benefits you receive from being a member of the Dodge City Board of REALTORS®. Through a partnership with the Kansas Association of REALTORS®, we will send you these reports each month to help you better serve your clients and promote your business.