Monthly Archives: March 2010

Overland Park Kansas Real Estate Update – March 2010

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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, there’s 8.7 months of inventory currently on the market. This is high but the stats should be taken with a grain of salt since the weather led to low traffic and contracts being written in December and January. It’s also noteworthy that there were 109 homes that went under contract over the past 15 days. If all of those were to make it to closing and we figured the absorption rate in Overland Park on that figure, the days on market would be a vastly improved 4.5 months of inventory.

Type
#
Average $
Avg DOM
Listings Past 15 Days
 195
 $275,831
–
Total Active Listings
 986
–
–
Newest Contracts Written
 109
 $229,700 66
Newest Sold (Closed)
 57
 $233,967 78

* 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.

Should you prefer a longer sales history to figure the months of inventory on the market in Overland Park, we can use the past 12 months instead. Over the past year, there were 2,333 homes sold in the city. Comparing that demand to the 986 home supply we have now, there’s 5.1 months of inventory on the market in Overland Park. If you are considering selling or buying an Overland Park Kansas home, I’d look forward to assisting you. Market conditions are pivotal in most home buying and selling decisions, so please let me know more about your situation and how I can assist you.

View Past Real Estate Stats On Overland Park Kansas

Buyer’s Agents In Overland Park Kansas

Seller’s Agents In Overland Park Kansas

Relocating to Overland Park Kansas

View All Listed Overland Park Kansas Homes For Sale

Overland Park Kansas

Overland Park Kansas

Overland Park Kansas Tip of the Day…
Watch Overland Park Street Traffic Live

Posted by Jason A. Brown

Narrow Your Johnson County Home Search To Subdivisions With Community Pools

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Checking The Pulse Of The Kansas City Real Estate Market

You’ve heard me say there’s a lot of downsides to having your own private pool in your back yard. The reason 99% of Johnson County Kansas homeowner’s will give for not wanting a pool is because they aren’t usable 8 or 9 months out of the year. Other concerns include they’re a money pit to maintain, they’re time-consuming, they’re a danger and liability… oh, and they’ll cost you thousands of dollars for your trouble.  Want more? I’ve seen homes sell for less AFTER a pool was installed. This becomes less likely with upper bracket homes, but can still be true even then. You can read more about my thoughts on having a private pool in one of my older posts. So what’s the better option (in most cases)?

Johnson County KS Subdivision Pool

Johnson County KS Subdivision Pool

Fortunately, the answer doesn’t necessarily need to be for homeowners to head out to the city run pools. Those can be packed, an all-around hassle and dirty – well, ALL pools are dirty but you get the idea. In the past 20 years or so, community pools have been included as part of the amenity packages in many Johnson County Kansas subdivisions. Use of the pool typically falls under control of the homeowner’s association (the homeowners in the area) and the fees are almost always factored into a subdivision’s yearly HOA dues.

I have personally lived in 6 Johnson County Kansas home communities that had pools and have always had a good experience. The pools have always been clean (a pool company is paid to take care of the pools weekly) and usually the pools aren’t packed. There are exceptions, but generally I’ve always been able to get a chair to sit in and throw a football with my boys… something that can be much more difficult at a city pool. If having a pool in the subdivision could be an important part of your Johnson County Kansas home search, I’ve put together the following links to homes for sale in the Johnson County KS area. Only homes for sale in subdivisions with a pool will be included and I’ve broken the list down by price range to make it easier to search…

Johnson County KS Homes Under $200,000 WITH Community Pool

Johnson County KS Homes $200,000 to $225,000 WITH Community Pool

Johnson County KS Homes $225,000 to $250,000 WITH Community Pool

Johnson County KS Homes $250,000 to $275,000 WITH Community Pool

Johnson County KS Homes $275,000 to $300,000 WITH Community Pool

Johnson County KS Homes $300,000 to $325,000 WITH Community Pool

Johnson County KS Homes $325,000 to $350,000 WITH Community Pool

Johnson County KS Homes $350,000 to $375,000 WITH Community Pool

Johnson County KS Homes $375,000 to $400,000 WITH Community Pool

Johnson County KS Homes $400,000 to $450,000 WITH Community Pool

Johnson County KS Homes $450,000 to $500,000 WITH Community Pool

Johnson County KS Homes $500,000 to $550,000 WITH Community Pool

Johnson County KS Homes $550,000 to $600,000 WITH Community Pool

Johnson County KS Homes $600,000 to $650,000 WITH Community Pool

Johnson County KS Homes $650,000 to $700,000 WITH Community Pool

Johnson County KS Homes Over $700,000  WITH Community Pool


If you’d like to add any additional search parameters to the searches above, that can be done as well. Just email me directly to let me know all your preferred search parameters and I’ll follow up with you. We can add additional parameters and have a link to all matching areas homes for sale sent directly to you!

Posted by Jason A. Brown

Greystone South Community Market Stats ~ Greystone South Homes For Sale In Lenexa KS

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Checking The Pulse Of The Kansas City Real Estate Market
Greystone South Real Estate Market Stats
Greystone South Is A Home Community In Lenexa Kansas

Looking over the Greystone South market statistics dating back to March 2009, 7 homes were put on the market and 5 homes were sold over the same year period. The average sales price in Greystone South was $266,900 and the subdivision saw a price range variance of $220,000 to $299,000.

Comparing the 2 Active listings in Greystone South to the 12-month sales rate in the community, there’s 4.8 months of inventory currently on the market. This is typical of what we’re currently seeing in Lenexa Kansas. The average current list price ($279,900) of the two homes on the market is in line with the average sales price seen over the past year in the subdivision. Greystone South is a popular Lenexa Kansas subdivision and located near shopping, dining and park amenities and also near access to I-35 and I-435 highways.

Greystone South In Lenexa Kansas

Greystone South is located in eastern Lenexa Kansas and is served by the Shawnee Mission School District.  Many of the homes in Greystone South were built from 1976 to 1987.  If you’re considering purchasing or selling a home in Greystone South or another Lenexa community, please contact me for assistance. I look forward to going over your home selling or buying situation in detail.

View Homes For Sale in Greystone South

Buying A Home In Greystone South

Selling A Home In Greystone South

Relocating to Lenexa Kansas

Posted by Jason A. Brown