Johnson County Kansas Has Dipped Down To Just 2.1 Months Of Home Inventory On The Market

Checking The Pulse Of The Kansas City Real Estate Market


The most recently released Kansas Association of Realtors stats (for the month of April) indicates further strengthening of the state-wide real estate market. Home sales volume continue to rise, as does resulting home sale prices. During the month of April in Kansas, homes sales increased 7.8% compared to April of last year. This follows up the previous months 4.1 increase.

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At last months check, the state was also in a balanced real estate market but nearing a seller’s market (with 5.3 months of inventory). This month there is 5.2 months of inventory on the market and thus another small step towards a seller’s market. The rise in home sale prices was more impressive than the increase in volume of home sales, with average sales price rising an incredible 13.7% compared to April of last year. This follows up last months 9.0% increase in sale prices in Kansas. 

Locally in the Johnson County Kansas area, the real estate market continues to heavily favor home sellers. Over the past month there were 1,132 homes sold (closed) and comparing this sales rate against the current volume of homes for sale, it calculates to just 2.1 months of inventory on the market. This is an improvement over last month’s already seller dominant 2.9 months of inventory. Johnson County Kansas clearly remains in a strong seller’s real estate market.


Posted by Jason Brown

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Prairie Village Kansas Real Estate Market Update – May 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

Prairie Village Kansas Real Estate Update
Recent Real Estate Market Activity In Prairie Village KS

Looking at the past 15 days of real estate sales activity in the city of Prairie Village Kansas and comparing it to the current volume of homes for sale in the city, we find there’s 1.7 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the city of Prairie Village. The average new listing the past 15 days came on the market around $258,000, while the average sales price during the same time period was around $224,000.

Type # Average $ Avg DOM
Listings Past 15 Days 29 $258,019
Total Active Listings 80
Newest Contracts Written 37 $342,286 71
Sold (closed) Past 15 Days 23 $224,243 26

* 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 23 homes sold in Prairie Village Kansas were on the market an average of 26 days. Things are moving briskly in Prairie Village Kansas and we can help you buy or sell an area home. Please contact us with any real estate questions you may have and you can start the process by finding detailed real estate info here on selling a Prairie Village Kansas home and buying a Prairie Village Kansas home.

Prairie Village Kansas Real Estate Information

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Posted by Jason Brown