DODGE CITY MARKET OVERVIEW FEBRUARY 2020

Dodge City Area Home Sales Fell in February

Total home sales in the Dodge City area fell last month to 18 units, compared to 24 units in February 2019. Total sales volume was $2.4 million, down from a year earlier.

The median sale price in February was $89,450, down from $123,000 a year earlier. Homes that sold in February were typically on the market for 125 days and sold for 98.0% of their list prices.

Dodge City Area Active Listings Up at End of February

The total number of active listings in the Dodge City area at the end of February was 127 units, up from 120 at the same point in 2019. This represents a 6.1 months’ supply of homes available for sale. The median list price of homes on the market at the end of February was $134,500.

During February, a total of 8 contracts were written down from 23 in February 2019. At the end of the month, there were 9 contracts pending, compared to 7 at the end of February 2019

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