Average home prices are rising in the Kansas City metro, according to data shared from the Kansas City Regional Association of Realtors, which states that existing home sales this past June were selling for about 7 percent higher than homes in June 2012. The jump was even higher for new homes, which were closer to an 8 percent jump in closing sale price.The Gladstone movers have found that total inventory sold, however, was about 20 homes less than the same comparative time periods.

Following the total sales in the month of June, there was an available 5.7 month supply of existing homes for sale on the market, compared with a 7 month supply in June 2012. New homes dropped to a supply that will last about 4.9 months. Technically, a 5.7 month is a balanced market, and anything less than that puts the sellers in favor.