Dodge City Area Home Sales Rose in July
Total home sales in the Dodge City area rose by 46.7% last month to 22 units, compared to 15 units in July 2014. Total sales volume was $2.8 million, up 40.6% from a year earlier.
The median sale price in July was $123,000, up from $117,500 a year earlier. Homes that sold in July were typically on the market for 123 days and sold for 99.1% of their list prices.
Dodge City Area Active Listings Down at End of July
The total number of active listings in the Dodge City area at the end of July was 97 units, down from 126 at the same point in 2014. This represents a 4.4 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 13 contracts were written down from 16 in July 2014. At the end of the month, there were 12 contracts pending, compared to 13 at the end of July 2014.