Comments Off on Prairie Village Kansas Real Estate Market Update – October 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

Prairie Village Kansas Real Estate Update
Recent Real Estate Market Activity In Prairie Village KS

Using the 18 homes sold in Prairie Village the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.7 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the city of Prairie Village. The average new listing the past 15 days came on the market around $415,000, while the average sales price during the same time period was around $291,000.

Type # Average $ Avg DOM
Listings Past 15 Days 22 $414,500
Total Active Listings 98
Newest Contracts Written 25 $236,130 48
Sold (closed) Past 15 Days 18 $290,953 34

* 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 18 homes sold in Prairie Village were on the market an average of 34 days and the last 25 homes to go under contract were on the market an average of 48 days. We can help you assess buying or selling a home in Prairie Village, so please contact us with any questions you have about real estate in the area. You can also start the process by finding detailed real estate information on our site regarding selling a Prairie Village Kansas home and with buying a Prairie Village Kansas home.

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Posted by Jason Brown

 

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