Tag Archives: Johnson County Homes For Sale

There’s a big difference between for sale and SOLD when selling a home

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Johnson County Kansas Real Estate Market – July 2014 Update

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The Pulse Of The Kansas City Real Estate Market

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

Using the 391 homes sold in Johnson County Kansas the past 15 days to calculate the absorption rate in the county, we find there’s currently 3.0 months of inventory on the market. This amount of inventory indicates a seller’s real estate market Johnson County. The average new listing the past 15 days came on the market around $318,000, while the average sales price during the same time period was around $284,000.

Type # Average $ Avg DOM
Listings Past 15 Days 675 $318,004 —
Total Active Listings 2332 — —
Newest Contracts Written 548 $268,557 58
Sold (closed) Past 15 Days 391 $283,906 56

* 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 391 homes sold in Johnson County Kansas were on the market an average of 56 days, while the 548 homes to go under contract during the same time period did so in 58 days on average. We can assist you with buying or selling a home in Johnson County, so please contact The Jason Brown Group with all of your Johnson County Kansas real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling a Johnson County Kansas home and buying a Johnson County Kansas home.

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Johnson County Kansas Real Estate Market Outpacing State Of Kansas Overall Stats

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Checking The Pulse Of The Kansas City Real Estate Market

My National Association of Realtors (NAR) report on May’s real estate market stats indicates that home sale fell more than 20% compared to last May. That may seem startling but we were still in the home tax credit era at that time last year, so you’d expect stats from a year ago to be better. NAR points out that May 2011 home stats compare favorably to May 2009 home stats (when there was no tax credit in effect skewing the numbers). The actual sales figures for 2011 compared to 2010 were 2,760 to  3,484 homes sold, respectfully. Nationally home sales fell 15%, May 2011 compared to May 2010.


When we compare the 20,261 homes for sale in Kansas (at the end of May) to the 2,760 homes sold during the month of May, we find there was 7.3 months of inventory on the market in the state of Kansas at the end of May. The average sales price in May of this year was $156,432, which is virtually identical to the $156,521 in May 2010. It’s apparent that Kansas home sellers continue to face a buyer’s market this summer.

Locally in Johnson County Kansas, the market continues to stabilize. 704 homes were sold in Johnson County Kansas this May. Compare that monthly sales rate to the 4,148 homes currently for sale in Johnson County Kansas and we find there’s 5.9 months of inventory in Johnson County. That amount of inventory is considered a stable real estate and could be a very good sign for Johnson County home sellers.


Posted by Jason Brown

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Months Of Kansas City Real Estate Inventory Broken Down By Price Range

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Checking The Pulse Of The Kansas City Real Estate Market

As a tumultuous 2009 comes to a close,  it’s time to analyze our local market stats from a little different perspective. Rather than looking at a specific city or micro-analyzing a particular subdivision, below we take a look at the Kansas City metro market as a whole and break things down by price range.  The following includes single family properties only and uses an absorption rate calculated using the average monthly sale’s rate over the past 6 months in each price range…

Price Range Active Listings Months of Inventory
Under $50,000 1,382 6.8
$50 to $100 2,819 10.0
$100 to $150 3,274 10.5
$150 to $200 2,696 8.8
$200’s 2,315 7.6
$300’s 989 8.8
$400’s 445 8.4
Over $500,000 872 16.8


Other than upper bracket homes, there’s a high volume of inventory in the $50,000 to $150,000 range. Since months of inventory factors in the sales rate within the price range, the high numbers in these price ranges can’t simply be chalked up to there being more homes in the particular price range. There’s simply a lot of homes on the market for the buyer demand that’s out there for this price range of home.

The $200’s price range  is the most stable price range in the metro area, with 7.6 months of inventory currently on the market. If you’re a buyer looking for a home over $500,000, you should be pleased when you see what your money can buy you in today’s real estate market.  Certainly, with more than 16 months of inventory on the market in the upper bracket price ranges, you’ll find some motivated sellers.


Posted by Jason A. Brown

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