Comments Off on Overland Park Kansas Real Estate Market Update – April 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 5.2 months of inventory currently on the market. This amount of inventory indicates a balanced real estate market and the city of Overland Park yet again establishes itself as one of the strongest real estate markets in the Kansas City metro area. The homes that sold (closed) the past 15 days in Overland Park were on the market an average of 125 days.

Type # Average $ Avg DOM
Listings Past 15 Days 194 $318,285
Total Active Listings 819
Newest Contracts Written 130 $269,703 70
Newest Sold (Closed) 78 $259,164 125

* 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 sales price of the last 78 homes to sell in Overland Park was just over $259,000, while the average new listing the past 15 days came on the market at just over $318,000. If you’re making plans to buy or sell a home in Overland Park Kansas, my group is ready to guide you through the buying or selling process. Here’s information on how we can assist you with selling an Overland Park KS home or with buying an Overland Park KS home. Please contact us with any questions.

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Posted by Jason Brown

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