Johnson County Kansas Real Estate Market Stats – September 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

Johnson County Kansas Real Estate Update
Recent Real Estate Activity In Johnson County KS

Using the past 15 days of real estate sales activity in Johnson County Kansas to calculate the city’s absorption rate, we find there’s 4.5 months of inventory currently on the market. This amount of inventory is considered a slight seller’s real estate market in Johnson County. The average sales price of the last 318 homes sold in Johnson County Kansas was nearly $264,000, while the average new listing came on the market at close to $283,000.

Type # Average $ Avg DOM
Listings Past 15 Days 439 $283,377
Total Active Listings 2,879
Newest Contracts Written 347 $239,810 85
Sold (closed) Past 15 Days 318 $263,897 113

* 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 (closed) the past 15 days in Johnson County Kansas were on the market an average of 113 days. We assist Johnson County home buyers and home sellers every day, so if you’re considering purchasing or selling a home the Johnson County area, please contact us for assistance. Here’s details regarding selling a Johnson County Kansas home and buying a Johnson County Kansas home

Johnson County Kansas Relocation Guide

View Homes For Sale In Johnson County KS

View More Johnson County KS Real Estate Stats

Buyer’s Agents In Johnson County KS

Listing Agents In Johnson County KS


Posted by Jason Brown

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Top 10 Hottest Home Sale Price Ranges In Johnson County Kansas

Checking The Pulse Of The Kansas City Real Estate Market

A common question we get from Johnson County Kansas home buyers is “What are the hottest price ranges in today’s real estate market?” The answer to this question is constantly changing and staying on top of such trends is one way we put our clients at an advantage in their real estate transactions. If you’re considering buying a home for personal use or as an investment, ask your real estate agent to fill you in on the hottest price ranges in your area of interest. This information could prove extremely beneficial in making a sound real estate decision.  


I’ve researched our local market stats by $25,000 increments to locate the most active price ranges the past 30 days in Johnson County Kansas. Here’s the top 10 price ranges listed by the most homes sold (closed)…

#1: $150,001 – $175,000 with 122 homes Sold.
#2: $125,001 – $150,000 with 113 homes Sold.
#3: $175,001 – $200,000 with 105 homes Sold.
#4: $225,001 – $250,000 with 82 homes Sold.
#5: $200,001 – $225,000 with 75 homes Sold.
#6: $100,001 – $125,000 with 65 homes Sold.
#7: $275,001 – $300,000 with 64 homes Sold.
#8: $250,001 – $275,000 with 56 homes Sold.
#9: $325,001 – $350,000 with 48 homes Sold.
#10: $300,001 – $325,000 with 41 homes Sold.

Posted by Jason Brown

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A Buyer’s Market In Kansas City Makes It Time To Buy, Not Ask Why

Checking The Pulse Of The Kansas City Real Estate Market

It’s amazing that during the seller’s market we experienced for many years, home buyers would rarely complain about the prices they were paying for homes. But now, during a buyer’s market, when Kansas City home buyers can buy a much larger home at a much cheaper price than they could have 5 or 10 years ago, they simply aren’t buying. Though moving cautiously is understandable given the shaky real estate market, there has never been a better time to buy a home.

Home buyers don’t just have to consider foreclosure homes to find a great deal either. There are MANY home sellers out there who have taken great care of their homes but who need to sell their homes immediately. They are willing to lose money to make it happen and I’ve seen many homes in excellent condition be as good a deal as some of the foreclosure listings available in today’s real estate market. The fall in the housing market has brought us back in line with where history says our housing prices should be. So if history is any indication, now could be the best time ever to buy a home.

When you add in that 30 year fixed rate mortgages are at historical lows, home buyers can get both a GREAT deal on a home and a GREAT low mortgage payment. If you’re a first time home buyer who didn’t lose any money in the real estate downturn, you could greatly benefit from today’s market. Even if you currently own a home, by moving up in today’s market the net effect on your real estate investment could be favorable by buying a larger home in today’s down real estate market. In today’s buyer’s market, home buyers in Kansas City, Johnson County Kansas, Overland Park and the surrounding areas have great negotiating power and there are great deals to be found across virtually all price ranges.


Posted by Jason Brown

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Home Buyer Survey Reaffirms The Need To List Your Kansas City Home With A Tech Savvy Agent

Checking The Pulse Of The Kansas City Real Estate Market

There’s still Kansas City home sellers out there who will hire an agent just because they used the agent on a prior home sale or purchase.  Some sellers will hire an agent that’s a relative. Other will call a real estate brokerage and let the broker assign an agent. There’s more sellers than I can count that will hire the agent with the most yard signs in the neighborhood. But hiring a Kansas City real estate agent in any of these ways overlooks one of the most important aspects in hiring an agent… the online marketing the agent will do to get the home sold.

There’s a lot of agents still selling homes that aren’t current on the most effective marketing means.  The MLS is one of the major ways that homes sell but relying mostly on that tool to sell a home puts a seller at a disadvantage. In today’s real estate market, it’s vital that sellers hire an agent who understands exactly where buyers are searching for homes. This means knowing where and how to market a home online. Along with networking with other agents, the marketing an agent does online can give a Kansas City home seller a CLEAR advantage over the competition. I’ve sold homes as soon as they’ve gone online because of where we put them and how well they show once buyers see the home online.

Some things never change and one of those is that there’s no marketing I know of to overcome a grossly over-priced home. But for sellers who are priced appropriately, the online marketing that’s done is vital since the 2010 NAR buyer survey found that 89% of home buyers found the home they purchased online. Think about that for a moment and you’ll realize the first and last question you should ask your listing agent is how they will market your home online.

In addition to finding that 89% of buyers search the internet to find their homes, the buyer survey also found that 88% of home buyers use a buyer’s agent. This is much higher than the 80% figure in a previous survey. So it’s more important than ever to hire a listing agent who will properly market your home online AND network with the buyer’s agents in the community to get the word out about your home.

Posted by Jason A. Brown

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