Business

Kansas home sales down in April

Kansas home sales fell by 27.5 percent in April from the same month last year but are up 5.2 percent over April 2009.

The sales drop was expected, said Jamie Holt, the KAR president from Wichita, because the 2010 numbers were skewed by the federal homebuyer income tax credits.

Sales totaled 2,434 units in April, down from 3,358 units in 2010. By comparison, national sales fell 12.9 percent for the month.

The statewide average sale price last month was $143,932, compared to $154,760 last year, a decrease of 7 percent.

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