Overland Park Kansas Real Estate Market – June 2014 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 147 homes sold in Overland Park the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.3 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park Kansas. The average new listing the past 15 days came on the market around $333,000, while the average sales price during the same time period was around $298,000.

Type # Average $ Avg DOM
Listings Past 15 Days 212 $333,029
Total Active Listings 678
Newest Contracts Written 180 $306,184 43
Sold (closed) Past 15 Days 147 $298,422 68

* 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 147 homes sold in Overland Park were on the market an average of 68 days, while the 180 homes to go under contract during the same time period did so in 43 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 Overland Park Kansas 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 an Overland Park Kansas home.

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Posted by Jason Brown

 

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 3.7 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 last 102 homes sold in Overland Park were on the market an average of 82 days and had an average sales price of nearly $245,000.

Type # Average $ Avg DOM
Listings Past 15 Days 145 $287,045
Total Active Listings 755
Newest Contracts Written 122 $266,337 73
Sold (closed) Past 15 Days 102 $244,575 82

* 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.

122 additional homes went under contract the past 15 days and did so at an average sales price of more than $266,000. The real estate market in Overland Park remains solid and if you are making plans to buy or sell a home in Overland Park, my real estate group can help you achieve your goals. We provide expert representation to home buyers and sellers on a daily basis and you can find more information here regarding selling an Overland Park Kansas home or with buying an Overland Park Kansas home. Please contact us for assistance.

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Posted by Jason Brown

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Overland Park Kansas Real Estate Update – October 2010

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

After calculating the absorption rate over the past 15 days in Overland Park Kansas, we can determine there’s currently 8.5 months of inventory on the market. This is high and almost identical to the stats we posted in September for Overland Park. The days on market has improved ever so slightly since that time. Still, we need to improve on a 140 sale a month pace to eat up the nearly 1,200 homes for sale in Overland Park.

Type

#

Average $

Avg DOM

Listings Past 15 Days

157 $238,694

Total Active Listings

1,183

Newest Contracts Written

86 $266,499 128

Newest Sold (Closed)

70 $243,414 107

* 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.

If your real estate goals involve buying or selling an Overland Park home, please contact us for assistance. We look forward to providing you expert listing representation when selling and/or expert buyer’s agent representation when buying an Overland Park home. If you aren’t currently being represented and just want some preliminary market stats on your area, please let me know more about your buying or selling situation.

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Posted by Jason A. Brown

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