Checking The Pulse Of The Kansas City Real Estate Market

Gardner Kansas Real Estate Stats
Gardner KS Market Update

The Gardner Kansas market stats dating back a year to June 2011 reflect 297 homes Sold (closed) during the year period. The average sales price in Gardner Kansas was $147,039 and the city saw sales prices ranging from $25,949 to $405,000 over the 12-month period.

Gardner Kansas

Gardner Kansas

Comparing the 155 Active homes for sale in Gardner Kansas to the demand for homes the past year in the city, there’s 6.3 months of inventory on the market. This amount of inventory indicates a buyer’s real estate market in Gardner Kansas but is nearing a balanced real estate market. The average current list price of $173,991 is higher than the average sales price ($147,039) the past 12 months in Gardner. Gardner Kansas area is located within close proximity to parks, shopping and dining amenities and near access to I-35 Highway.

Gardner Kansas is located in southwest Johnson County Kansas and is served by the Gardner-Edgerton School District. If your plans include buying or selling a home in Gardner Kansas or in the surrounding Johnson County Kansas area, my real estate looks forward to guiding you through the real process.

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Gardner Kansas Relocation Info

contact a real estate agent Posted by Jason Brown

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Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Prairie Village Kansas
15 Day Glance At The Prairie Village KS Real Estate Market

After calculating the absorption rate over the past 15 days in Prairie Village Kansas, we find the city has 3.1 months of inventory currently on the market. This amount of inventory is considered a seller’s market and things are looking great at this time for Prairie Village Kansas home sellers. The average sales price the past 15 days in Prairie Village was about $189,000 with the average priced new listing coming on the market at nearly $200,000.

Type # Average $ Avg DOM
Listings Past 15 Days 32 $199,750 -
Total Active Listings 142 - -
Newest Contracts Written 24 $265,059 90
Newest Sold (Closed) 23 $189,387 125

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

The most recent 24 listings to hit the market in Prairie Village had an average sales price of just over $265,000. The last 15 homes sold in Prairie Village Kansas took an average of 125 days to do so. If you are making plans to buy or sell a home in Prairie Village Kansas, my group looks forward to guiding you through the real estate process. Here’s information on how we can assist you with selling your Prairie Village Kansas home and with buying a Prairie Village Kansas home. Please contact us, we look forward to assisting you!

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Posted by Jason Brown

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Checking The Pulse Of The Kansas City Real Estate Market

Southglen & Southglen Woods Subdivision Real Estate Stats
Located In Cedar Creek of Olathe KS

The Southglen and Southglen Woods market stats dating back a year to May 2011 reflect 49 homes listed for sale and 35 homes Sold (closed) during the year period. The average sales price in Southglen was $351,083. The average sales price in Southglen Woods was $442,330. Overall the communities had sales prices ranging from $330,000 to $625,000 during the 12-month period.

Comparing the 18 Active homes for sale in Southglen and Southglen Woods to the demand for homes the past year in the area, there’s 6.2 months of inventory on the market. This amount of inventory indicates buyer’s real estate market in the area. The average current list price of $420,211 is higher than the average sales price ($351,083) the past 12 months across the Southglen and Southglen Woods areas. Southglen is a popular Olathe Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to K-7 and K-10 highways in Olathe.

Southglen Of Cedar Creek In Olathe KS

Southglen Of Cedar Creek In Olathe KS

Southglen is located in northwest Olathe Kansas and served by the Olathe School District. There’s approximately 150 homes in Southglen and Southglen Woods and most of the homes in the community were built from 2000 to homes currently under construction in the community. If your plans include buying or selling a home in the Southglen area or in the surrounding Olathe Kansas area, my real estate group looks forward to assisting you.

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Olathe Relocation Info

contact a real estate agent Posted by Jason Brown

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Checking The Pulse Of The Kansas City Real Estate Market

Despite there being a lot of foreclosure deals on the market in the Kansas City metro area, we hear from many home buyers that it’s not always easy to find the available foreclosure listings online. So here’s a link that takes you 250 foreclosure deals, from upper bracket homes to homes closer to $100,000…. View 250 foreclosure deals in Kansas City, Johnson County, Overland Park and the surrounding area.

All 250 homes in the list are area foreclosures and are currently available for viewing, so contact my real estate group to schedule showings on any of these homes. If you want to see more foreclosure homes online, simply adjust the price range parameter and you can also narrow the search to a specific city or area that interests you. If you’d like to start receiving automatic email when new foreclosure listings hit the market, using the search parameters that YOU enter, click on the button that says “Email Me When New Listings Match This Search.


Posted by Jason Brown

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Checking The Pulse Of The Kansas City Real Estate Market

Old Leawood Community Real Estate Stats
Old Leawood In Leawood KS

The Old Leawood market stats dating back a year to May 2011 reflect 244 homes listed for sale and 184 homes Sold (closed) during the year period. The average sales price in Old Leawood was $340,559 and the subdivision saw sales prices ranging from $35,000 to $1,600,000 over the 12-month period.

Comparing the 63 Active homes for sale in Old Leawood to the demand for homes the past year in the community, there’s 4.1 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the Old Leawood area. The average current list price of $431,107 is higher than the average sales price ($340,559) the past 12 months in Old Leawood. The Old Leawood area is a popular Leawood Kansas community and located within close proximity to parks, shopping and dining amenities and near access to I-435 Highway in Leawood.

Old Leawood In Leawood Kansas

Old Leawood In Leawood Kansas

Old Leawood covers the northern portion of Leawood Kansas in the 66206 zip code and is served by the Shawnee Mission School District. Most of the homes in the Old Leawood area were built from 1942 to 1978. If your plans include buying or selling a home in Old Leawood or in one of the surrounding areas of Leawood Kansas, my real estate group is ready to guide you through the process.

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Leawood Relocation Info

contact a real estate agent Posted by Jason Brown

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Checking The Pulse Of The Kansas City Real Estate Market

Olathe Kansas Real Estate Update
Recent Real Estate Activity In Olathe KS

Using the past 15 days of real estate sales activity in Olathe Kansas to calculate the city’s absorption rate, we find there’s 3.9 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Olathe. If the current sales rate continues without a huge influx of new listings hitting the market, we are heading in the direction of a seller’s market in the city of Olathe.

Type # Average $ Avg DOM
Listings Past 15 Days 154 $257,044
Total Active Listings 727
Newest Contracts Written 132 $224,884 124
Sold (closed) Past 15 Days 94 $210,700 150

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

If the inventory of homes for sale in Olathe Kansas continues to dwindle, sales prices are sure to head upwards. This would be great news for home sellers in Olathe Kansas. We assist Olathe Kansas home sellers and home buyers every day and if you’re considering purchasing or selling a home the Olathe area, my real estate group looks forward to assisting you. Find more details here regarding selling an Olathe KS home or buying an Olathe KS home. If you have any questions, please don’t hesitate to contact us.

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Posted by Jason Brown

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Checking The Pulse Of The Kansas City Real Estate Market

Post Oak Farm Subdivision Real Estate Stats
A Lenexa KS Home Community

The Post Oak Farm market stats dating back a year to May 2011 reflect 6 homes listed for sale and 8 homes Sold (closed) during the year period. The average sales price in Post Oak Farm was $154,938 and the subdivision saw sales prices ranging from $90,000 to $187,000 over the 12-month period.

Comparing the 3 Active homes for sale in Post Oak Farm to the demand for homes the past year in the community, there’s 4.5 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the Post Oak Farm area. The average current list price of $177,967 is higher than the average sales price the past 12 months in the subdivision. Post Oak Farm is a popular Lenexa Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to I-435 and I-35 highways in Lenexa.

Post Oak Farm In Lenexa Kansas

Post Oak Farm In Lenexa Kansas

Post Oak Farm is located in central Lenexa Kansas and served by the Shawnee Mission School District. There’s approximately 215 homes in Post Oak Farm and most of the homes in the community were built from 1972 through 1978. If your plans include buying or selling a home in Post Oak Farm or in one of the surrounding areas of Lenexa Kansas, my real estate group can help you achieve success with your real estate transaction.

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Lenexa Relocation Info

contact a real estate agent Posted by Jason Brown

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Checking The Pulse Of The Kansas City Real Estate Market

If you’ve heard about the new real estate tax scheduled to go in effect in 2013 and you’re wondering how it might affect you, you’ll be relieved to know the majority of home sellers will NOT be affected in any way by the new tax. If you hear it being called an across the board tax, that couldn’t be further from the truth. The 3.8% real estate tax would only apply IF there are capital gains on the sale, IF the capital gains are greater than $250,000 to the home seller AND the seller’s annual income is greater than $250,000.

While it will place a heavy burden on SOME home sellers, taking into consideration everything that would have to apply for the tax to be levied, you can see it’s going to affect very few home sellers in Kansas City, Johnson County, Overland Park and the surrounding area. The real estate tax law is actually rather complicated, so contact a CPA for tax advise on how it may affect your real estate investments. Generally speaking, this law will only affect home sellers with high annual incomes and who profit handsomely when selling high dollar properties. In reality, less than three percent of the U.S population make enough income to even trigger the tax.


Posted by Jason Brown

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Checking The Pulse Of The Kansas City Real Estate Market

Heatherwood Subdivision Real Estate Stats
An Overland Park KS Home Community

The Heatherwood market stats dating back a year to May 2011 reflect 15 homes listed for sale and 12 homes Sold (closed) during the year period. The average sales price in Heatherwood was $211,573 and the subdivision saw sales prices ranging from $153,500 to $285,00 over the 12-month period.

Comparing the 3 Active homes for sale in Heatherwood to the demand for homes the past year in the community, there’s 3.0 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the Heatherwood area. The average current list price of $211,600 is perfectly in line with average sales price the past 12 months in the subdivision. Heatherwood is a popular Overland Park Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to 69 Highway in Overland Park.

Heatherwood In Overland Park Kansas

Heatherwood In Overland Park Kansas

Heatherwood is located in southern Overland Park Kansas and served by the Blue Valley School District. There’s approximately 210 homes in Heatherwood and most of the homes in the community were built from 1998 to 2001. If your plans include buying or selling a home in Heatherwood or in one of the surrounding areas of Overland Park Kansas, my real estate group is ready to provide you expert real estate guidance.

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Overland Park Relocation Info

contact a real estate agent Posted by Jason Brown

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Checking The Pulse Of The Kansas City Real Estate Market

Overland Park Kansas Real Estate Update
Recent Real Estate Activity In Overland Park KS

Using the past 15 days of real estate sales activity in Overland Park Kansas to calculate the city’s absorption rate, we find there’s 3.8 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Overland Park. The average sales price the past 15 days was about $255,000 and the average new listing came on the market at just over $279,000. The last 106 home sold (closed) in Overland Park were on the market an average of 84 days. That’s quick and shows the Overland Park real estate market remains very stable.

Type # Average $ Avg DOM
Listings Past 15 Days 164 $279,302
Total Active Listings 810
Newest Contracts Written 169 $255,708 69
Sold (closed) Past 15 Days 106 $255,423 84

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

Even more impressive than the 106 homes closed the past 15 days is the 169 homes that went under contract during the same time period. That’s eating up a ton of inventory and if that sales pace continues we could be headed towards a buyer’s market in the Overland Park area. We help Overland Park Kansas home buyers and home sellers and if you’re considering purchasing or selling a home the Overland Park area, my real estate group looks forward to assisting you. Get more details about selling an Overland Park Kansas home and buying an Overland Park Kansas home. If you have specific questions, please contact my group for assistance.

Overland Park Kansas Relocation Guide

View Homes For Sale In Overland Park KS

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Posted by Jason Brown

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