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

Checking The Pulse Of The Kansas City Real Estate Market

Overland Park Kansas Real Estate Update
Recent Real Estate Activity In Overland Park KS

Using the past 15 days of real estate sales activity in Overland Park Kansas to calculate the city’s absorption rate, we find there’s 3.2 months of inventory currently on the market. This amount of inventory indicates a continuation of the seller’s real estate market in the city of Overland Park. The average home sold the past 15 days was on the market 66 days and the average sales price was nearly $271,000.

Type # Average $ Avg DOM
Listings Past 15 Days 180 $319,831
Total Active Listings 806
Newest Contracts Written 123 $255,888 66
Sold (closed) Past 15 Days 127 $270,786 87

* 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 pending sales also continued at a brisk pace, with 123 homes going under contract the past 15 days. We work daily assisting Overland Park Kansas home buyers and home sellers with achieving their real estate goals. If you’re considering purchasing or selling a home the Overland Park area, my real estate group looks forward to assisting you. Get more details here regarding selling an Overland Park home or buying an Overland Park home. If you have specific questions, please contact us for assistance.

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Posted by Jason Brown

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