Dodge City Area Home Sales Rose in October
Total home sales in the Dodge City area rose by 18.8% last month to 19 units, compared to 16 units in October. Total sales volume was $2.2 million, up 39.7% from a year earlier.
The median sale price in October was $115,100, up from $87,500 a year earlier. Homes that sold in October were typically on the market for 94 days and sold for 98.0% of their list prices.
Dodge City Area Active Listings Down at End of October
The total number of active listings in the Dodge City area at the end of October was 104 units, down from 143 at the same point in 2014. This represents a 5.5 months’ supply of homes available for sale. The median list price of homes on the market at the end of October was $131,200.
During October, a total of 6 contracts were written down from 8 in October 2014. At the end of the month, there were 8 contracts pending, compared to 4 at the end of October 2014.