Overland Park Kansas Real Estate Update – July 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Overland Park Kansas
15 Day Glance At The Overland Park KS Real Estate Market

After calculating the absorption rate over the past 15 days in Overland Park Kansas, we find the city has 6.2 months of inventory currently on the market. This is a little higher than the 5.1 months of inventory we found during our look at Overland Park’s June real estate stats. The average sales price was around $260,000 and higher than the average priced new listing to hit the market during the same 15-day period. The average price of the last 96 homes to go under contract in Overland Park was a solid $272,429.

Type # Average $ Avg DOM
Listings Past 15 Days 159 $251,998
Total Active Listings 1,146
Newest Contracts Written 96 $272,429 99
Newest Sold (Closed) 93 $260,811 102

* 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.

It’s taking about 3 to 4 months to sell a well priced Overland Park home. If you will be selling or buying an Overland Park home, we’re ready to go to work as your Overland Park listing agent, Overland Park buyer’s agent… or both! Here’s information on how we can assist you with selling an Overland Park home and with buying an Overland Park home. Please contact us with any questions you may have and we look forward to assisting you.

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Posted by Jason Brown

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