Comments Off on Overland Park Kansas Real Estate Market Stats – September 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 Kansas

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 4.1 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Overland Park. The last 92 homes sold (closed) in Overland Park were on the market an average of 95 days. The homes that went under contract during the same time period went under contract in an even quicker 81 days.

Type # Average $ Avg DOM
Listings Past 15 Days 126 $265,585
Total Active Listings 745
Newest Contracts Written 115 $282,353 81
Sold (closed) Past 15 Days 92 $249,149 95

* 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 real estate market in Overland Park continues to look solid as the summer winds down. If you’re plans involve buying or selling real estate in Overland Park Kansas, we can help. Learn more about we can help you with selling an Overland Park Kansas home and with buying an Overland Park Kansas home. Please contact us with your real estate questions.

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Posted by Jason Brown

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