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

City of Overland Park Kansas Real Estate Update
Past 15 Days of Overland Park KS Real Estate Stats

* 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.  CDOM = Cumulative Days On Market.

Overland Park Kansas Real Estate

Using these past 15 days of market stats to figure the absorption rate in Overland Park KS, there’s currently 4 months of inventory on the market.  Having just four months of inventory on the market is excellent. Of course we all know that many sales are distressed sales – like desperate sellers, bank foreclosures and short sales – but that doesn’t change the fact that (1) Overland Park is holding steady with just 4 months of inventory on the market and (2) the average sales price the past 15 days ($257,743) is almost the same as the average listing prices seen over the same period ($261,199).

Overland Park has always been a steady market and proven to be one of the safest real estate investment areas in Kansas City.  Do keep in mind that looking at just 15 days of Overland Park market stats is a small snap shot of local activity. Market conditions can and do vary greatly from one city to the next, one subdivision to the next, one street to the next… So feel free to contact me with questions specific to your area.

View Past Overland Park Real Estate Stats

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Overland Park Kansas Listing Agents

View All Overland Park KS Homes For Sale On Kansas City MLS

Posted by Jason A. Brown

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