Comments Off on Overland Park Kansas Real Estate Market – January 2015 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 44 homes sold in Overland Park Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 6.1 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $315,000, while the average sales price during the same time period was around $239,000.

Type # Average $ Avg DOM
Listings Past 15 Days 61 $314,867
Total Active Listings 532
Newest Contracts Written 64 $289,700 86
Sold (closed) Past 15 Days 44 $238,733 104

* 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 44 homes sold in Overland Park Kansas were on the market an average of 104 days, while the 64 homes to go under contract during the same time period did so in 86 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 area 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 a Overland Park Kansas home.

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Posted by Jason Brown

 

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