Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market

Johnson County Kansas Real Estate Information
Past 15 Days of Johnson County KS Real Estate Stats

* 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.

Johnson County KS Real Estate

Using these past 15 days of market stats to figure the absorption rate in Johnson County Kansas, there’s currently 5.3 months of inventory on the market. If we use the 408 contracts written to figure the absorption rate (under the assumption that they all make it to closing – which they won’t), then the absorption rate would be an improved 4.0 months of inventory on the market in Johnson County KS.

The market is really looking better in terms of sales rate in the Johnson County KS area. We’re still seeing more homes listed than sold and since the months of inventory isn’t spiking this is an indication a significant amount of homes are going unsold/taken off the market by the sellers. This is not necessarily a bad thing because sellers simply running it up the flag pole further saturate the Kansas City real estate market.

Looking at 15 days of market stats is a small snap shot of local Johnson County KS activity. Market conditions also vary greatly from one city or subdivision to another, so don’t take just a macro look at market activity. Feel free to contact me to obtain detailed market stats on YOUR city, subdivision, zip code, etc.

View Past Johnson County KS Real Estate Stats

Johnson County KS Buyer’s Agents

Johnson County KS Listing Agents

View All Johnson County Homes For Sale On Kansas City MLS

Posted by Jason A. Brown

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