Comments Off on Johnson County Kansas Real Estate Update – November 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Johnson County Kansas
15 Day Glance At The Johnson County KS Real Estate Market

After calculating the absorption rate over the past 15 days in Johnson County Kansas, we find the area has 10.2 months of inventory currently on the market. This amount of inventory is considered a buyer’s market. When we looked at Johnson County’s real estate stats in April, we found 7.1 months of inventory at that time. There’s fewer homes on the market now than there was in April, so the increase can be completely attributed to a slower sales rate — during the past 15 days 167 homes were sold (closed), while during the 15-day period back in April 274 homes sold.

Type # Average $ Avg DOM
Listings Past 15 Days 367 $287,296
Total Active Listings 3,499
Newest Contracts Written 264 $238,285 136
Newest Sold (Closed) 167 $254,518 151

* 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 priced new listing to come on the market the past 15 days was in line with the average sales price over the same period. This will provide many Johnson County home buyers with excellent options to consider. The volume of homes that went under contract the past 15 days was an impressive 264 and if all those homes make it closing, it should go a long way towards reducing the months of inventory of homes on the market.

If you are making plans to buy or sell a home in Johnson County Kansas, my group will guide you through the home buying or home selling process. Here’s info on how we can assist you with selling a Johnson County Kansas home and with buying a Johnson County Kansas home.  Please contact us with questions!

Johnson County Kansas Relocation Information

Search Johnson County Kansas Homes For Sale

View Additional Real Estate Stats On Johnson County KS

Our Johnson County Kansas Buyer’s Agent Services

Our Johnson County Kansas Listing Agent Services

Posted by Jason Brown

Add to DeliciousAdd to DiggAdd to FaceBookAdd to Google BookmarkAdd to RedditAdd to StumbleUponAdd to TechnoratiAdd to Twitter

Comments are closed.