Overland Park Kansas Real Estate Market Update – February 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Looking at the past 15 days of real estate sales activity in the city of Overland Park Kansas and comparing it to the current volume of homes for sale in Overland Park, we find there’s 5.4 months of inventory in the city. This amount of inventory indicates a balanced real estate market in the Overland Park and the average new listing the past 15 days came on the market around $265,000.

Type # Average $ Avg DOM
Listings Past 15 Days 158 $264,597
Total Active Listings 531
Newest Contracts Written 145 $275,443 57
Sold (closed) Past 15 Days 49 $265,354 97

* 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 home sold (closed) in Overland Park the past 15 days had a sales price of nearly $265,000 and was on the market 97 days. If you are considering buying or selling a home in Overland Park, please contact us with any real estate questions you have or to request market stats specific to your area of interest. You can also find more details here regarding selling an Overland Park Kansas home and with buying an Overland Park Kansas home.

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Posted by Jason Brown