Real Estate Info and Market Updates for Kansas City, Johnson County Kansas and all of the surrounding metro area

Posted by Jason Brown

Overland Park Kansas Real Estate Market – July 2014 Update

Posted on July 11, 2014 by Jason Brown

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 144 homes sold in Overland Park Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.5 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $297,000, while the average sales price during the same time period was around $328,000.

Type	#	Average $	Avg DOM
Listings Past 15 Days	199	$297,136	—
Total Active Listings	720	—	—
Newest Contracts Written	160	$264,475	45
Sold (closed) Past 15 Days	144	$328,065	50

The last 144 homes sold in Overland Park Kansas were on the market an average of 50 days, while the 160 homes to go under contract during the same time period did so in 45 days on average. We can assist you with buying or selling a home in Overland Park Kansas, so please contact The Jason Brown Group with all of your Overland Park real estate needs. 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.

Search All Overland Park Kansas MLS Listings

Posted by Jason Brown

Overland Park Kansas Real Estate Market Update – April 2014 Update

Posted on April 16, 2014 by Jason Brown

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 74 homes sold in Overland Park Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.5 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 $321,000, while the average sales price during the same time period was around $271,000.

Type	#	Average $	Avg DOM
Listings Past 15 Days	187	$321,338	—
Total Active Listings	520	—	—
Newest Contracts Written	189	$278,691	66
Sold (closed) Past 15 Days	74	$270,653	65

The last 74 homes sold in Overland Park were on the market an average of 65 days and the last 189 homes to go under contract were on the market 66 days on average. The Jason Brown Group can assist you with buying or selling a home in Overland Park Kansas, so please contact us with any questions you have. You can also start the process by finding detailed real estate information on our site regarding selling an Overland Park Kansas home or buying an Overland Park Kansas home.

Search All Overland Park Kansas MLS Listings

Posted by Jason Brown

Overland Park Kansas Real Estate Market Update – November 2013 Update

Posted on November 26, 2013 by Jason Brown

Checking 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 72 homes sold (closed) in Overland Park the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.9 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $256,000, while the average sales price during the same time period was around $297,000.

Type	#	Average $	Avg DOM
Listings Past 15 Days	102	$255,578	—
Total Active Listings	571	—	—
Newest Contracts Written	102	$252,955	61
Sold (closed) Past 15 Days	72	$297,134	70

The last 72 homes sold in Overland Park were on the market an average of 70 days, while the last 102 homes to go under contract did so in an even quicker 61 days on average. We can assist you with buying or selling a home in Overland Park, so please contact us with any questions you have about Overland Park Real Estate. You can find detailed real estate information on our site regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

Search All Overland Park Kansas MLS Listing

Posted by Jason Brown

Overland Park Kansas Real Estate Market Update – May 2013 Update

Posted on May 16, 2013 by Jason Brown

Checking The Pulse Of The Kansas City Real Estate Market

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

Looking at the past 15 days of real estate sales activity in the city of Overland Park Kansas and comparing it to the current volume of homes for sale in the city, calculates to 2.9 months of inventory for sale. This amount of inventory indicates a solid seller’s real estate market in the city of Overland Park. The average sales price the past 15 days was nearly $277,000, while the average new listing came on the market around $287,000 during the same time period.

Type	#	Average $	Avg DOM
Listings Past 15 Days	201	$287,027	—
Total Active Listings	562	—	—
Newest Contracts Written	184	$276,072	54
Sold (closed) Past 15 Days	96	$276,560	71

The last 96 homes sold in Overland Park were on the market an average of 71 days. We look forward to assisting you with buying or selling a home anywhere in the Overland Park area, so please contact us with any questions you may have. You can also find detailed real estate information on our website regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

Search All Overland Park Kansas MLS Listing

Search Overland Park Kansas Homes For Sale

Posted by Jason Brown

Overland Park Kansas Real Estate Market Update – December 2012 Update

Posted on December 27, 2012 by Jason Brown

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 3.4 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 87 homes sold (closed) in Overland Park Kansas were on the market an average of 87 days and had an average sales price of nearly $249,000.

Type	#	Average $	Avg DOM
Listings Past 15 Days	77	$293,453	—
Total Active Listings	585	—	—
Newest Contracts Written	71	$247,794	72
Sold (closed) Past 15 Days	87	$248,654	114

The average new listing the past 15 days came on the market around $293,000. If you are considering buying or selling a home in Overland Park Kansas, my group can help you through the real estate process. Find more details here regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home. If you have specific real estate questions, don’t hesitate to contact us for assistance.

Overland Park Kansas Real Estate Info

Additional Local Real Estate Market Stats

Overland Park Kansas Buyer’s Agents

Overland Park Kansas Listing Agents

Posted by Jason Brown

Overland Park Kansas Real Estate Update – February 2010

Posted on February 3, 2010 by Jason Brown

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

Using the past 15 days of market stats in the chart below to figure the absorption rate in Overland Park Kansas, there’s 13 months of inventory currently on the market. This is extremely high and how long it would take to work off the 918 listings at a pace of 70 sales per month. Take this with a grain of salt however, because the volume of closings we’re seeing right now are partially a reflection of the bad weather we had for a month. Showings were down drastically and without showings, sales obviously suffer. I find optimism in the high number of homes that went under contract — 100 sales is a lot for a 15-day period and if all of those homes were to make it closing (and we used that sales rate to figure the absorption rate), the absorption rate would be a drastically improved 4.6 months of inventory.

Type	#	Average $	Avg DOM
Listings Past 15 Days	130	$279,724	–
Total Active Listings	918	–	–
Newest Contracts Written	100	$275,738	100
Newest Sold (Closed)	35	$268,160	92

* 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 you’re having thoughts of buying or selling an Overland Park KS home, please contact me for in-depth market information and stats on the areas of Overland Park that most interest you. Real estate is LOCAL and poor market stats in one community can give way to excellent market stats in the community right next to it. We look forward to assisting you with making an informed real estate decision.

View Past Real Estate Stats On Overland Park Kansas