Overland Park Kansas Real Estate Market Stats – October 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

Overland Park Kansas Real Estate Update
Recent Real Estate Activity In Overland Park KS

Using the past 15 days of real estate sales activity in Overland Park Kansas to calculate the city’s absorption rate, we find there’s 4.1 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Overland Park. The homes sold (closed) the past 15 days in Overland Park had an average sales price around $284,000, while the average new listing came on the market at nearly $318,000.

Type # Average $ Avg DOM
Listings Past 15 Days 132 $317,924
Total Active Listings 705
Newest Contracts Written 129 $263,587 78
Sold (closed) Past 15 Days 87 $283,505 104

* 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 homes sold the past 15 days in Overland Park averaged 104 days on market. If you’re considering buying or selling a home in Overland Park we can provide you market stats on any specific subdivision. You can also find more details here regarding selling an Overland Park Kansas home and with buying an Overland Park Kansas home. Please contact us with any questions.

Overland Park Kansas Relocation Guide

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Posted by Jason Brown

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Search Homes For Sale In Any Overland Park Kansas New Home Community – Broken Down By Price Range

Checking The Pulse Of The Kansas City Real Estate Market

If you’re considering building a home in Overland Park Kansas or you’re interested in locating standing spec inventory in the city of Overland Park, I’ve put together the following list of Overland Park home communities to help get you started…

Generally over $400’s
Afton Hill
Blackthorne Estates
Coffee Creek Crossing
Colton Lakes & Colton Lake Estates
Deerbrook
Club Villas at Lionsgate
Mills Farm
Polo Fields
Summerwood
Wilshire Farms
Wyngate

Generally $300’s – $400’s
Deer Valley
Hampton Place
Ranch Villas at Nall Hills
Windsor Ridge

Generally Under $300’s
Buckley Court
Chapel Hill
Cottages At Woodbridge
Retreat at Maple Crest
Retreat at The Wilderness
Cottages at The Wilderness


Now that you have an idea of the general price range of the new home communities in Overland Park Kansas, below you can go to my Kansas City Multiple Listing Service search tool and search available homes for sale in any particular community you like. My home search tool will show you all the Active homes in the community you select — and in some cases will also show available lots. To start searching any Overland Park KS subdivision, click on the appropriate alphabetical letter below and a new window will open (keeping this window open for easy reference)…

A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Clicking any of the letters above takes you into my Overland Park home search tool. Once there you’ll see all  Overland Park (and other Kansas City) subdivisions that fall under the alphabetical letter you’ve chosen. In the left column you will locate the specific subdivision you want to search. Click one time on that subdivision name. Then click the ADD button and doing so will move just the specified Overland Park home community into the right column. Then click the SEARCH button and you’ll get the results!

If you want to schedule a showing on any of the Overland Park Kansas homes you see, click the REQUEST SHOWING button to the right of the specific listing. We’ll contact you and be happy to assist you with your Overland Park Kansas real estate needs.

TIP: All Overland Park KS subdivisions are listed, so look closely if you’re not seeing the subdivision you need. You may also need to search for another portion of the specific subdivision name. For instance, Cottages at The Wilderness will be found under Wilderness – Cottages At.

Posted by Jason A. Brown

Overland Park KS Real Estate Update – December 2009

Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Overland Park Kansas
Recent
15 Days of Overland Park KS Market Activity
Type
#
Average $
Avg DOM
Listings Past 15 Days
94
$301,772
Total Active Listings
938
Newest Contracts Written
60
$264,243 115
Newest Sold (Closed)
88
$247,933 108

* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.

Realtor For Overland Park Kansas

Realtor For Overland Park Kansas

Using the past 15 days of Overland Park Kansas real estate market stats in the above chart to figure the city’s absorption rate, there’s currently 5.3 months of inventory on the market.  This is the highest I’ve seen in a while in Overland Park but the fact that there were almost as many homes sold as coming in the market is a promising sign. The average sales price of $247,933 was however much lower than the $301,772 average list price over the same 15-day period. For the homes that are selling (and going under contract too), the days on market is under 4 months. This is a reasonable amount of time in our current real estate market.

If you’re considering selling or buying an Overland Park Kansas home, you’ll need more than just 15 days of market stats — you’ll certainly want to view the market stats on the subdivision(s) that most interest you. As your Overland Park real estate agent, we’ll get you the information you need to make an informed real estate decision.

View Past Real Estate Stats For Overland Park Kansas

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View All Listed Overland Park KS Homes

Answers To Common Overland Park KS Questions

Posted by Jason A. Brown