Overland Park Kansas Real Estate Market – October 2014 Update

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 124 homes sold in Overland Park Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.8 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $332,000, while the average sales price during the same time period was around $273,000.

Type # Average $ Avg DOM
Listings Past 15 Days 139 $332,449
Total Active Listings 680
Newest Contracts Written 131 $262,715 57
Sold (closed) Past 15 Days 124 $273,283 69

* 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 124 homes sold in Overland Park Kansas were on the market an average of 69 days, while the 131 homes to go under contract during the same time period did so in 57 days on average. We can assist you with buying or selling a home in Overland Park, so please contact The Jason Brown Group with all of your Overland Park Kansas real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

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Posted by Jason Brown