Inventory in Johnson County Kansas has been down for more than two years and right now we’re hovering around 2 months of inventory in many areas. 5 to 7 months of inventory is considered a balanced market. In my 25 years in the real estate industry, I’ve never seen anything like it. Right now in Olathe Kansas we have the lowest volume of inventory I’ve ever seen… There’s just 1.6 months of inventory on the market! That’s simply are not enough homes to meet demand and I’m in search of listings to put on the market right now, especially in the under $500,000 price range.
If you know ANYONE thinking about selling their home, I can help them. I’ll run a market assessment to show them where they’d be if we were in a balanced real estate market. Then I’ll show them what the current market means to them. In quick moving areas right now, buyers in the $400’s price range can likely add 4 to 6% on to the list price and still get great activity… Buyers in the $300’s price range can likely add 6 to 8% on to the list price and still get great activity… Buyers in the $200’s price range can likely add 8 to 10% on to the list price and still get great activity.
My cost effective listing preparation tips help sellers get their homes ready to go on the market quickly and with the least amount of hassle possible. We then get to work to get our seller’s homes under contract quickly and SOLD for the highest possible price. I definitely have the experience and systems in place to ensure my sellers get the best possible deal.
If you know anyone considering a move, PLEASE let me know or have them call me… 913-915-6008. I’ll go out of my way to take care of them and make sure they get a great deal! We definitely go above and beyond for our clients, including right now we’re having a promotion assisting buyers with the costs of a home inspection during the home buying process… See promotion details here!
Posted by Jason Brown