Topeka, KS - Local Housing Data - Summary

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Topeka, KS Local News

New Home Prices Gain in Topeka According to Recent Data, Sales Steady

Posted on: Aug 08, 2014 11:53:33 AM

The Topeka, KS market saw no change in new home closings year-over-year in April, staying flat after dropping year-over-year in March from the year earlier. Closings remained level at 1 from a year earlier after the figure moved from 1 in March 2013 to none in March 2014.

Out of the 340 total closings, 1 were new home closings. This is consistent on a percentage basis with a year earlier. Following a year-over-year increase in March, closings of new and existing homes slid year-over-year in April.

Pricing and Mortgage Trends

The average price of new homes rose to $244,380 from last year's $236,875. This came after a.

Average mortgage size on new homes increased to $195,424 from $189,500 last year.

Other Market Trends

There was no change in the composition of the new home market with regard to the types of properties sold in April 2014.

 
 
 

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