Overland Park Kansas Kansas Real Estate Update – September 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 8.1 months of inventory currently on the market. This amount of inventory indicates it’s a buyer’s market in Overland Park. The average sales price of the homes that sold (closed) the past 15 days in Overland Park was $261,273 and the average priced new listing was $279,559.

Type # Average $ Avg DOM
Listings Past 15 Days 147 $279,859
Total Active Listings 1057
Newest Contracts Written 93 $243,423 114
Newest Sold (Closed) 65 $261,273 108

* 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 homes that sold in the past 15 days were on the market 108 days and the homes that went under contract did so in slightly less time, which is a promising trend. If you’re planning to sell or buy an Overland Park Kansas home, we can provide you expert representation through the process. Here’s info about how we can assist you with selling your Overland Park home and with buying an Overland Park home. Please contact us with any questions you may have and we look forward to assisting you.

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Posted by Jason Brown

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