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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 62 homes sold in Overland Park the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.9 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park Kansas. The average new listing the past 15 days came on the market around $347,000, while the average sales price during the same time period was around $275,000.

Type # Average $ Avg DOM
Listings Past 15 Days 141 $347,482
Total Active Listings 486
Newest Contracts Written 124 $290,968 80
Sold (closed) Past 15 Days 62 $275,560 58

* 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 62 homes sold in Overland Park were on the market an average of 58 days, while the last 124 homes sold in Overland Park were on the market 62 days on average. We can assist you with buying or selling a home in Overland Park, so please contact us with any questions you have about real estate in the Overland Park area. You can also start the process by finding detailed real estate information on our site 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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