Overland Park Kansas Real Estate Market Update – March 2013 Update

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 Overland Park, we find there’s 3.2 months of inventory in the city. This amount of inventory indicates a clear seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $249,000, while the average sales price during the same period was around $256,000.

Type # Average $ Avg DOM
Listings Past 15 Days 179 $291,065
Total Active Listings 549
Newest Contracts Written 183 $256,223 66
Sold (closed) Past 15 Days 85 $249,395 84

* 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 85 homes sold (closed) in Overland Park were on the market an average of 84 days. If you’re looking to buy or sell a home in Overland Park, let us know the area of Overland Park that most interests you so we can send you market stats relevant to your home purchase or sale. You can also find more details on our website regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

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Posted by Jason Brown