Dodge City Area Home Sales Rose in October
Total home sales in the Dodge City area rose by 11.1% last month to 20 units, compared to 18 units in October 2016. Total sales volume was $2.7 million, up 36.4% from a year earlier.
The median sale price in October was $128,950, up from $104,000 a year earlier. Homes that sold in October were typically on the market for 76 days and sold for 95.1% of their list prices.
Dodge City Area Active Listings Up at End of October
The total number of active listings in the Dodge City area at the end of October was 131 units, up from 88 at the same point in 2016. This represents a 6.6 months’ supply of homes available for sale. The median list price of homes on the market at the end of October was $124,900.
During October, a total of 7 contracts were written down from 27 in October 2016. At the end of the month, there were 6 contracts pending, compared to 12 at the end of October 2016.