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 calculating the absorption rate over the past 15 days in Overland Park, we can determine there’s currently 8.5 months of inventory on the market. This is high and not helped by the fact that over the past 15 days we saw more than double the number of homes come on the market as were sold over the same period. What we really need is a couple of months where there’s more homes sold (closed) than homes coming on the market to get the months of inventory back down in the five month range.

* 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.

The average sales price over the last 15 days in Overland Park was just under $250,000 and the average list price of the homes that went under contract is in line with this figure. Still, the average seller who put their home on the market believes their home is worth closer to $280,000. If your real estate goals involve selling an Overland Park home and/or buying an area home, please contact me for assistance. I look forward to going over the market stats that will have an impact on your real estate decisions.

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

Interesting Overland Park Kansas Link…
Community Centers In Overland Park

Posted by Jason A. Brown