Comments Off on Prairie Village Kansas Real Estate Update – May 2011
Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Prairie Village
Recent
15 Days of Prairie Village KS Market Activity

After calculating the absorption rate over the past 15 days in Prairie Village Kansas, we find the city has 5.2 months of inventory currently on the market. This is excellent in our current market and represents a stable amount of inventory in the Prairie Village KS area. The days on market (DOM) for Prairie Village is outpacing the length of time it’s taking to sell homes in most other Kansas City metropolitan areas. Both the homes that sold and those that went under contract the past 15 days did so in less than 4 months time.

Type

#

Average $

Avg DOM

Listings Past 15 Days

34 $224,475

Total Active Listings

175

Newest Contracts Written

15 $185,093 89

Newest Sold (Closed)

17 $256,168 118

* 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.

Sales prices on the closed homes the past 15 days looks solid, with the average home selling for $256,168. The average list the price during this time was $224,475 and provides Prairie Village home buyers with lots of new options to consider. If your real estate goals involve buying or selling a home in Prairie Village Kansas, please contact me for assistance. We look forward to learning about your goals and helping you buy or sell a Prairie Village area home. 

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Posted by Jason A. Brown

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