Comments Off on Overland Park Kansas Real Estate Market Update – July 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the 146 homes sold in Overland Park over the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.1 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $298,000, while the average sales price during the same time period was around $287,000.

Type # Average $ Avg DOM
Listings Past 15 Days 182 $297,855
Total Active Listings 613
Newest Contracts Written 161 $275,677 62
Sold (closed) Past 15 Days 146 $286,709 60

* 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 146 homes sold in Overland Park were on the market an average of 60 days. We can assist you with buying or selling a home in Overland Park, so please contact us with any real estate questions you may have. You can also find detailed information on our website regarding selling an Overland Park Kansas home and with buying an Overland Park Kansas home.

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Posted by Jason Brown

 

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