Comments Off on Overland Park KS Real Estate Update – December 2009
Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Overland Park Kansas
Recent
15 Days of Overland Park KS Market Activity
Type
#
Average $
Avg DOM
Listings Past 15 Days
94
$301,772
Total Active Listings
938
Newest Contracts Written
60
$264,243 115
Newest Sold (Closed)
88
$247,933 108

* 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.

Realtor For Overland Park Kansas

Realtor For Overland Park Kansas

Using the past 15 days of Overland Park Kansas real estate market stats in the above chart to figure the city’s absorption rate, there’s currently 5.3 months of inventory on the market.  This is the highest I’ve seen in a while in Overland Park but the fact that there were almost as many homes sold as coming in the market is a promising sign. The average sales price of $247,933 was however much lower than the $301,772 average list price over the same 15-day period. For the homes that are selling (and going under contract too), the days on market is under 4 months. This is a reasonable amount of time in our current real estate market.

If you’re considering selling or buying an Overland Park Kansas home, you’ll need more than just 15 days of market stats — you’ll certainly want to view the market stats on the subdivision(s) that most interest you. As your Overland Park real estate agent, we’ll get you the information you need to make an informed real estate decision.

View Past Real Estate Stats For Overland Park Kansas

Buyer’s Agents In Overland Park KS

Seller’s Agents In Overland Park KS

View All Listed Overland Park KS Homes

Answers To Common Overland Park KS Questions

Posted by Jason A. Brown

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