Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market

City of Overland Park Kansas Real Estate Update
Past 15 Days of Overland Park KS Real Estate Stats

* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results.  Stats may not be an exact 15 days from date of this post.  DOM = Days On Market.

Real Estate In Overland Park KS

Using these past 15 days of market stats to figure the absorption rate in Overland Park Kansas, there’s currently 4.8 months of inventory on the market.  Still a buyer’s market but really not bad at all in our current real estate market. Of concern is the average sales prices across the Actives, Contracts written and homes Sold. This is telling us the average Overland Park seller feels their home is worth $260,000. However the average sales price of homes that went under contract during the same period was lower, at $246,000, The homes that actually Sold (closed) over the same period sold for even less – $32,000 less than the average sales price of the homes that came on the market during that time.

Looking at 15 days of market stats is a small snap shot of local Overland Park KS real estate activity. Market conditions also vary greatly from one Overland Park subdivision to another, so don’t take just a macro look at these market stats. If you’d like more information on the community you currently live or one you’re considering moving to, please don’t hesitate to request the information. You can post a comment below or email me directly.

View Past Overland Park KS Real Estate Stats

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Overland Park KS Listing Agents

View All Overland Park KS Homes For Sale On Kansas City MLS

Posted by Jason A. Brown

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