Comments Off on Overland Park Kansas Real Estate Market Stats – October 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 3.7 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 102 homes sold in Overland Park were on the market an average of 82 days and had an average sales price of nearly $245,000.

Type # Average $ Avg DOM
Listings Past 15 Days 145 $287,045
Total Active Listings 755
Newest Contracts Written 122 $266,337 73
Sold (closed) Past 15 Days 102 $244,575 82

* 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.

122 additional homes went under contract the past 15 days and did so at an average sales price of more than $266,000. The real estate market in Overland Park remains solid and if you are making plans to buy or sell a home in Overland Park, my real estate group can help you achieve your goals. We provide expert representation to home buyers and sellers on a daily basis and you can find more information here regarding selling an Overland Park Kansas home or with buying an Overland Park Kansas home. Please contact us for assistance.

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Posted by Jason Brown

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