Johnson County’s housing market softened somewhat in the middle of the summer as sales dipped and prices were flat.
Data from the County Economic Research Institute for July showed a 4.1 percent decline in total home sales compared with the same month in 2013.
There were 1,123 new and previously owned homes sold in the month, compared with 1,171 a year earlier. The vast majority of sales were previously owned homes, the research organization said.
Sales prices for previously owned homes averaged $261,000 in July, while new-home sale prices hit an average of $442,300, the organization said. When averaged together, the sales price of $276,200 was up 0.8 percent from July 2013.
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Permits for residential home construction, which signals future building activity, also fell in July by about 22 percent to 137.
The overall value of construction activity in the county was $135.3 million in July, down 28 percent from the year-earlier results.
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