Comments Off on Overland Park Kansas Real Estate Market Update – February 2012

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 5.1 months of inventory currently on the market. This is considered a balanced real estate market and the city of Overland Park continues to be one of the Kansas city metros most stable real estate areas. The average sales price the past 15 days was around $248,000 and the average new listing came on the market around $292,000.

Type # Average $ Avg DOM
Listings Past 15 Days 135 $292,117
Total Active Listings 726
Newest Contracts Written 106 $248,562 115
Newest Sold (Closed) 71 $248,217 121

* 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 last 71 homes to sell in Overland Park did so in an average of 121 days. If you’re making plans to buy or sell a home in Overland Park Kansas, my real estate group can guide you through the process. Here’s information on how we can assist you with selling your Overland Park home and with buying an Overland Park home. Please contact us with any questions you may have about the area or purchasing or listing an area home.

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Posted by Jason Brown

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