Overland Park Kansas Real Estate Update – August 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Overland Park Kansas
15 Day Glance At The Overland Park KS Real Estate Market

After calculating the absorption rate over the past 15 days in Overland Park Kansas, we find the city has 5.4 months of inventory currently on the market. This is an improvement over the 6.2 months of inventory when we checked Overland Park’s real estate stats back in July. 5.4 months of inventory represents a slight buyer’s market but the average sales price the past 15 days was significantly higher than the average priced new listing to come on the market during the same time period. This is a promising sign for Overland Park home sellers.

Type # Average $ Avg DOM
Listings Past 15 Days 141 $261,720
Total Active Listings 1,074
Newest Contracts Written 103 $242,764 103
Newest Sold (Closed) 99 $288,696 111

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

The last 99 homes that sold (closed) in Overland Park were on the market an average of 111 days. Please contact us if you need the market stats on any particular Overland Park home community. We can help you buy or sell an Overland Park Kansas home and here’s some details on how we can assist you with selling your Overland Park home or with buying an Overland Park home.

Overland Park Kansas Relocation Information

Search Overland Park Kansas Homes For Sale

View Additional Real Estate Stats On Overland Park

Our Overland Park Kansas Buyer’s Agent Services

Our Overland Park Kansas Listing Agent Services


Posted by Jason Brown

Add to DeliciousAdd to DiggAdd to FaceBookAdd to Google BookmarkAdd to RedditAdd to StumbleUponAdd to TechnoratiAdd to Twitter