Overland Park Kansas Real Estate Market Update – December 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

Overland Park Kansas Real Estate Update
Recent Real Estate Activity In Overland Park KS

Using the past 15 days of real estate sales activity in Overland Park Kansas to calculate the city’s absorption rate, we find there’s 3.4 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Overland Park. The last 87 homes sold (closed) in Overland Park Kansas were on the market an average of 87 days and had an average sales price of nearly $249,000.

Type # Average $ Avg DOM
Listings Past 15 Days 77 $293,453
Total Active Listings 585
Newest Contracts Written 71 $247,794 72
Sold (closed) Past 15 Days 87 $248,654 114

* 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 average new listing the past 15 days came on the market around $293,000. If you are considering buying or selling a home in Overland Park Kansas, my group can help you through the real estate process. Find more details here regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home. If you have specific real estate questions, don’t hesitate to contact us for assistance.

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Posted by Jason Brown

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