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
After figuring the real estate absorption rate over the past 15 days in Overland Park Kansas, we find that there’s 6.4 months of inventory on the market. This is higher than we’ve seen recently in Overland Park and a pace of 184 sales per month in the city is not enough to eat up the nearly 1200 homes currently for sale. The number of homes that went pending is similar to the number of homes sold (closed) over the same 15-day period and an indication that the sales rate hasn’t picked up in recent weeks.
Type |
# |
Average $ |
Avg DOM |
Listings Past 15 Days |
166 | $294,263 |
– |
Total Active Listings |
1,184 |
– |
– |
Newest Contracts Written |
101 | $253,341 | 109 |
Newest Sold (Closed) |
92 | $281,283 | 94 |
* 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.
If you’re planning on buying or selling a home in Overland Park Kansas, we’ll provide you expert real estate guidance. Overland Park Kansas has many wonderful communities and price ranges so please let me us know more about your search parameters and needs. We can then use the information to set you up to receive automatic email updates when new listings hit the market.
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Posted by Jason A. Brown