Checking The Pulse Of The Kansas City Real Estate Market

Regency Place Subdivision Real Estate Stats
An Olathe KS Home Community

The Regency Place market stats dating back a year to May 2012 reflect 12 homes listed for sale and 15 homes Sold (closed) during the year period. The average sales price in Regency Place was $249,760 and the subdivision had sales prices ranging from $181,000 to $279,900 over the 12-month period.

Comparing the 2 Active homes for sale in Regency Place to the demand for homes the past year in the community, there’s 1.6 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the Regency Place area. The average current list price of $277,000 is higher than the average sales price the past 12 months in the subdivision. Regency Place is a popular Olathe Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to I-35 Highway in Olathe Kansas.

Regency Place In Olathe Kansas

Regency Place In Olathe Kansas

Regency Place is located in eastern Olathe Kansas and served by the Olathe School District. There’s approximately 200 homes in Regency Place and most of the homes in the community were built from 1994 to 1999. If your plans include buying or selling a home in Regency Place or in one of the surrounding areas of Olathe Kansas, we look forward to assisting you through the real estate process.

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Checking The Pulse Of The Kansas City Real Estate Market

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

Looking at the past 15 days of real estate sales activity in the city of Overland Park Kansas and comparing it to the current volume of homes for sale in the city, calculates to 2.9 months of inventory for sale. This amount of inventory indicates a solid seller’s real estate market in the city of Overland Park. The average sales price the past 15 days was nearly $277,000, while the average new listing came on the market around $287,000 during the same time period.

Type # Average $ Avg DOM
Listings Past 15 Days 201 $287,027
Total Active Listings 562
Newest Contracts Written 184 $276,072 54
Sold (closed) Past 15 Days 96 $276,560 71

* 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 last 96 homes sold in Overland Park were on the market an average of 71 days. We look forward to assisting you with buying or selling a home anywhere in the Overland Park area, so please contact us with any questions you may have. You can also find detailed real estate information on our website regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

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Checking The Pulse Of The Kansas City Real Estate Market

Merriam Kansas Real Estate Stats
Merriam KS Market Update

The Merriam Kansas market stats dating back a year to May 2012 reflect 139 homes Sold (closed) during the year period. The average sales price in Merriam Kansas was $135,543 and the city experienced sales prices ranging from $38,500 to $239,005 during the 12-month period.

Merriam Kansas Real Estate

Comparing the 41 Active homes for sale in Merriam Kansas to the demand for homes the past year in the city, there’s 3.5 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in Merriam Kansas. The average current list price of $148,955 is higher than the average sales price ($135,543) the past year in Merriam. The Merriam Kansas area features parks, shopping and dining amenities and immediate access to I-35 Highway.

Merriam Kansas is located in northeast Johnson County Kansas and is served by the Shawnee Mission School District. If your plans include buying or selling a home in Merriam Kansas or in the surrounding Johnson County Kansas area, please let us know how we can assist you.

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Posted by Jason Brown

Checking The Pulse Of The Kansas City Real Estate Market


The most recently released Kansas Association of Realtors stats (for the month of March) indicate a strengthening real estate market in the state of Kansas. The volume of home sales continue to rise and with that trend average sales prices are trending higher as well. Overall in Kansas, home sales increased another 4.1% in March, compared to March 2011 market stats. This follows a 3.4% increase at last months check.

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The state has moved back into a balanced real estate market with 5.3 months of inventory on the market. If next months stats show any further improvement, Kansas is likely to move into a buyer’s real estate market. The 5.3 months of inventory is a huge reduction over the 7.4 months inventory last month. The rise in home sale prices was even more impressive, with average sales price rising a massive 9% compared to March of last year. This improvement follows up last months even larger 10% increase. 

Locally in the Johnson County Kansas area, the real estate market continues to favor home sellers. Over the past month there were 725 homes sold (closed) and comparing this sales rate against the current volume of homes for sale, it calculates to 2.9 months of inventory on the market. This is an improvement over last month’s already seller dominant 3.1 months of inventory.


Posted by Jason Brown

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Checking The Pulse Of The Kansas City Real Estate Market

Lenexa Kansas Real Estate Update
Recent Real Estate Market Activity In Lenexa KS

Comparing the sales rate in Lenexa Kansas the past 15 days to the volume of homes currently for sale in the city tells us there’s 2.9 months of inventory in the city. This amount of inventory indicates a solid seller’s real estate market in the city of Lenexa. The pending stats the past 15 days in Lenexa were even more impressive than the sold stats, which means a strong seller’s market is likely to continue in the coming months.

Type # Average $ Avg DOM
Listings Past 15 Days 50 $284,671
Total Active Listings 155
Newest Contracts Written 53 $275,047 64
Sold (closed) Past 15 Days 27 $224,861 75

* 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 average sales price the past 15 days in Lenexa was nearly $225,000 and the average new listing had a list price of nearly $285,000.  The last 27 homes sold (closed) in Lenexa were on the market an average of 75 days. Whether your plans involved buying or selling a home in Lenexa, we can help you through the process. Please contact us with any real estate questions you may have and find more details on our website regarding selling a Lenexa Kansas home or buying a Lenexa Kansas home.

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Checking The Pulse Of The Kansas City Real Estate Market

Nottingham By The Green Subdivision Real Estate Stats
An Overland Park KS Home Community

The Nottingham By The Green market stats dating back a year to May 2012 reflect 42 homes listed for sale and 25 homes Sold (closed) during the year period. The average sales price in Nottingham By The Green was $383,060 and the subdivision had sales prices ranging from $272,000 to $489,000 over the 12-month period.

Comparing the 6 Active homes for sale in Nottingham By The Green to the demand for homes the past year in the community, there’s 2.9 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the Nottingham By The Green area. The average current list price of $418,583 is in line with average sales prices the past 12 months in the subdivision. Nottingham By The Green is a popular Overland Park Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to I-435 Highway in Overland Park.

Nottingham By The Green In Overland Park KS

Nottingham By The Green In Overland Park KS

Nottingham By The Green is located in southern Overland Park Kansas and served by the Olathe School District. There’s more than 500 homes in Nottingham By The Green and most of the homes in the community were built from 1993 to 1999. If your plans include buying or selling a home in Nottingham By The Green or in one of the surrounding areas of Overland Park Kansas, please contact us for assistance.

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Checking The Pulse Of The Kansas City Real Estate Market

Just when we thought winter was very much over, mother nature dumps us with what one weather man described as just the 5th May snowfall on record in Kansas City. Fortunately the ground was too warm to do any damage and we’re already getting back to spring-like weather in Kansas City.

As we head towards continue warmer weather, more clients are contacting us regarding making a move to Kansas City, Johnson County KS, Overland Park or the surrounding area. If you’ll be in town to look at homes during the month of May, hopefully you’ll have time to take in many of our local attractions and consider attending some of these events…

5/10/13 – Styx / REO Speedwagon / Ted Nugent

5/20/13 – WWE Monday Night Raw

5/24/13 – Schlitterbahn Opening Day

5/25/13 – Cheap Trick

Various Dates – Kansas City T-Bones

Various dates – Sporting Kansas City

Various dates – Kansas City Royals

Find more local events here and here.

Posted by Jason Brown

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 May 2012 reflect 318 homes Sold (closed) during the year period. The average sales price in Gardner Kansas was $155,170 and the city saw sales prices ranging from $21,000 to $955,000 over the 12-month period.

Gardner Kansas Real Estate

Gardner Kansas Real Estate

Comparing the 99 Active homes for sale in Gardner Kansas to the demand for homes the past year in the city, there’s 3.7 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in Gardner Kansas. The average current list price of $165,697 is higher than the average sales price ($155,170) the past 12 months in Gardner. Gardner Kansas is a growing suburb with many area parks, shopping and dining amenities and 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, we look forward to representing your best interests through the process.

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Checking The Pulse Of The Kansas City Real Estate Market

Leawood Kansas Real Estate Update
Recent Real Estate Market Activity In Leawood KS

Taking the past 15 days of real estate sales activity in the city of Leawood Kansas and comparing it to the current volume of homes for sale in Leawood, tells us there’s 4.1 months of inventory in the city. This amount of inventory indicates a seller’s real estate market in Leawood KS. The average new listing the past 15 days in Leawood came on the market around $556,000, while the average sales price during the same period was around $467,000.

Type # Average $ Avg DOM
Listings Past 15 Days 49 $556,472
Total Active Listings 195
Newest Contracts Written 41 $453,427 49
Sold (closed) Past 15 Days 24 $467,398 113

* 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 last 24 homes sold in Leawood Kansas were on the market an average of 113 days. If you’re making plans to sell or buy a home in Leawood Kansas, my real estate group can represent your best interests throughout the process. Please contact us with any real estate questions you may have and you’ll find a wealth of detailed info on our web site regarding selling a Leawood Kansas home and buying a Leawood Kansas home.

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Checking The Pulse Of The Kansas City Real Estate Market

Southglen & Southglen Woods Subdivision Real Estate Stats
A Cedar Creek of Olathe KS Home Community

The Southglen and Southglen Woods market stats dating back a year to May 2012 reflect 34 homes listed for sale and 46 homes Sold (closed) during the year period. The average sales price in Southglen was $349,903 and the average sales price in Southglen Woods was $460,409. Overall the areas had sales prices ranging from $307,000 to $702,898 over the 12-month period.

Comparing the 4 Active homes for sale in Southglen and Southglen Woods to the demand for homes the past year in the community, there’s 1.1 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market overall in the area. The average current list price of $454,450 is higher than the average sales price the past 12 months in the subdivision. Southglen and Southglen Woods are popular Olathe Kansas communities and located within close proximity to parks, shopping and dining amenities and near access to K-10 and K-7 highways in Olathe.

Southglen & Southglen Woods of Cedar Creek In Olathe KS

Southglen & Southglen Woods of Cedar Creek In Olathe KS

Southglen and Southglen Woods are located in northwest Olathe Kansas and served by the Olathe School District. There’s approximately 175 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 Southglen, Southglen Woods or in one of the surrounding areas of Olathe, we look forward to helping you through the real estate process.

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Posted by Jason Brown

 

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