Market Graphs and Analysis

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New home sales in the Topeka area totaled 1 units in August, essentially unchanged from August 2016. Year-to-date, 23 new homes have sold, up from 14 over the same period in 2016. The median price of new homes that sold in August was $361,500, compared to $275,000 in August 2016. New homes that sold in August were on the market an average of 28 days and sold for 103.4 percent of their asking prices.

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