Category Archives: City Market Stats

Kansas City Market Statistics, Kansas City Real Estate Market Update

Prairie Village Kansas Real Estate Market Update – May 2013 Update

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Prairie Village Kansas Real Estate Update
Recent Real Estate Market Activity In Prairie Village KS

Looking at the past 15 days of real estate sales activity in the city of Prairie Village Kansas and comparing it to the current volume of homes for sale in the city, we find there’s 1.7 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the city of Prairie Village. The average new listing the past 15 days came on the market around $258,000, while the average sales price during the same time period was around $224,000.

Type # Average $ Avg DOM
Listings Past 15 Days 29 $258,019 —
Total Active Listings 80 — —
Newest Contracts Written 37 $342,286 71
Sold (closed) Past 15 Days 23 $224,243 26

* 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 23 homes sold in Prairie Village Kansas were on the market an average of 26 days. Things are moving briskly in Prairie Village Kansas and we can help you buy or sell an area home. Please contact us with any real estate questions you may have and you can start the process by finding detailed real estate info here on selling a Prairie Village Kansas home and buying a Prairie Village Kansas home.

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With Only 2.5 Months Of Inventory In Johnson County Kansas, NOW Is The Time To Sell

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School is out and with Memorial Day weekend here we’re seeing a rush of buyers getting out to locate a new home. If you’re one of the many who have been thinking about selling your home, now is definitely the time to get your home on the market. Sellers are turning their homes quicker than we have seen in many, many years and if you price your home appropriately, it could sell within a week. Many homes that are priced slightly above comparable sales are selling within weeks due to the lack of competition on the market.

Photo 1270You may be surprised at the market stats for your area and the price at which your home could sell in today’s real estate market. Overall in Johnson County Kansas, there were 893 homes sold the past month. Compared to the volume of homes currently for sale in Johnson County Kansas, there’s just 2.5 months of inventory on the market.  Don’t hesitate to contact us to go over the market stats on your specific home community because most areas of Johnson County Kansas are in a seller’s market… Some communities are even in a STRONG seller’s market. Contact us today to discuss how we can help you get your home SOLD!


Posted by Jason Brown

Olathe Kansas Real Estate Market Update – May 2013 Update

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Olathe Kansas Real Estate Update
Recent Real Estate Market Activity In Olathe KS

Looking at the past 15 days of real estate sales activity in the city of Olathe Kansas and comparing it to the current volume of homes for sale in Olathe, we find there’s 3.4 months of inventory in the city. This amount of inventory indicates a seller’s real estate market in the city of Olathe. The average sales price the past 15 days in Olathe was around $238,000 and the average new listing during the same time period came onto the market at nearly $245,000.

Type # Average $ Avg DOM
Listings Past 15 Days 175 $244,792 —
Total Active Listings 501 — —
Newest Contracts Written 156 $235,902 58
Sold (closed) Past 15 Days 74 $238,040 91

* 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 74 homes sold in Olathe (closed) were on the market an average of 91 days. We assist home buyers and home sellers in Olathe Kansas every day, so please contact us with any real estate questions you may have about any specific homes or about the area in general. You can start the process on our website and locate detailed real estate info regarding selling an Olathe Kansas home or buying an Olathe Kansas home.

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Posted by Jason Brown

 

Overland Park Kansas Real Estate Market Update – May 2013 Update

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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 the city, calculates to 2.9 months of inventory for sale. This amount of inventory indicates a solid seller’s real estate market in the city of Overland Park. The average sales price the past 15 days was nearly $277,000, while the average new listing came on the market around $287,000 during the same time period.

Type # Average $ Avg DOM
Listings Past 15 Days 201 $287,027 —
Total Active Listings 562 — —
Newest Contracts Written 184 $276,072 54
Sold (closed) Past 15 Days 96 $276,560 71

* 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 96 homes sold in Overland Park were on the market an average of 71 days. We look forward to assisting you with buying or selling a home anywhere in the Overland Park area, so please contact us with any questions you may have. You can also find detailed real estate information on our website regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

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Posted by Jason Brown

 

Merriam Kansas Real Estate Market Stats ~ Homes For Sale In Merriam Kansas

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Merriam Kansas Real Estate Stats
Merriam KS Market Update

The Merriam Kansas market stats dating back a year to May 2012 reflect 139 homes Sold (closed) during the year period. The average sales price in Merriam Kansas was $135,543 and the city experienced sales prices ranging from $38,500 to $239,005 during the 12-month period.

Merriam Kansas Real Estate

Comparing the 41 Active homes for sale in Merriam Kansas to the demand for homes the past year in the city, there’s 3.5 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in Merriam Kansas. The average current list price of $148,955 is higher than the average sales price ($135,543) the past year in Merriam. The Merriam Kansas area features parks, shopping and dining amenities and immediate access to I-35 Highway.

Merriam Kansas is located in northeast Johnson County Kansas and is served by the Shawnee Mission School District. If your plans include buying or selling a home in Merriam Kansas or in the surrounding Johnson County Kansas area, please let us know how we can assist you.

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Continued Improvement In Real Estate Market Has Nearly Pushed State Of Kansas Into A Seller’s Market

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The most recently released Kansas Association of Realtors stats (for the month of March) indicate a strengthening real estate market in the state of Kansas. The volume of home sales continue to rise and with that trend average sales prices are trending higher as well. Overall in Kansas, home sales increased another 4.1% in March, compared to March 2011 market stats. This follows a 3.4% increase at last months check.

Photo 1607

The state has moved back into a balanced real estate market with 5.3 months of inventory on the market. If next months stats show any further improvement, Kansas is likely to move into a seller’s real estate market. The 5.3 months of inventory is a huge reduction over the 7.4 months inventory last month. The rise in home sale prices was even more impressive, with average sales price rising a massive 9% compared to March of last year. This improvement follows up last months even larger 10% increase. 

Locally in the Johnson County Kansas area, the real estate market continues to favor home sellers. Over the past month there were 725 homes sold (closed) and comparing this sales rate against the current volume of homes for sale, it calculates to 2.9 months of inventory on the market. This is an improvement over last month’s already seller dominant 3.1 months of inventory.


Posted by Jason Brown

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Lenexa Kansas Real Estate Market Update – May 2013 Update

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Lenexa Kansas Real Estate Update
Recent Real Estate Market Activity In Lenexa KS

Comparing the sales rate in Lenexa Kansas the past 15 days to the volume of homes currently for sale in the city tells us there’s 2.9 months of inventory in the city. This amount of inventory indicates a solid seller’s real estate market in the city of Lenexa. The pending stats the past 15 days in Lenexa were even more impressive than the sold stats, which means a strong seller’s market is likely to continue in the coming months.

Type # Average $ Avg DOM
Listings Past 15 Days 50 $284,671 —
Total Active Listings 155 — —
Newest Contracts Written 53 $275,047 64
Sold (closed) Past 15 Days 27 $224,861 75

* 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 sales price the past 15 days in Lenexa was nearly $225,000 and the average new listing had a list price of nearly $285,000.  The last 27 homes sold (closed) in Lenexa were on the market an average of 75 days. Whether your plans involved buying or selling a home in Lenexa, we can help you through the process. Please contact us with any real estate questions you may have and find more details on our website regarding selling a Lenexa Kansas home or buying a Lenexa Kansas home.

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Posted by Jason Brown

 

Gardner Kansas Real Estate Market Stats ~ Gardner Kansas Homes For Sale

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Gardner Kansas Real Estate Stats
Gardner KS Market Update

The Gardner Kansas market stats dating back a year to May 2012 reflect 318 homes Sold (closed) during the year period. The average sales price in Gardner Kansas was $155,170 and the city saw sales prices ranging from $21,000 to $955,000 over the 12-month period.

Gardner Kansas Real Estate

Gardner Kansas Real Estate

Comparing the 99 Active homes for sale in Gardner Kansas to the demand for homes the past year in the city, there’s 3.7 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in Gardner Kansas. The average current list price of $165,697 is higher than the average sales price ($155,170) the past 12 months in Gardner. Gardner Kansas is a growing suburb with many area parks, shopping and dining amenities and access to I-35 Highway.

Gardner Kansas is located in southwest Johnson County Kansas and is served by the Gardner-Edgerton School District. If your plans include buying or selling a home in Gardner Kansas or in the surrounding Johnson County Kansas area, we look forward to representing your best interests through the process.

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Leawood Kansas Real Estate Market Update – May 2013 Update

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Leawood Kansas Real Estate Update
Recent Real Estate Market Activity In Leawood KS

Taking the past 15 days of real estate sales activity in the city of Leawood Kansas and comparing it to the current volume of homes for sale in Leawood, tells us there’s 4.1 months of inventory in the city. This amount of inventory indicates a seller’s real estate market in Leawood KS. The average new listing the past 15 days in Leawood came on the market around $556,000, while the average sales price during the same period was around $467,000.

Type # Average $ Avg DOM
Listings Past 15 Days 49 $556,472 —
Total Active Listings 195 — —
Newest Contracts Written 41 $453,427 49
Sold (closed) Past 15 Days 24 $467,398 113

* 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 24 homes sold in Leawood Kansas were on the market an average of 113 days. If you’re making plans to sell or buy a home in Leawood Kansas, my real estate group can represent your best interests throughout the process. Please contact us with any real estate questions you may have and you’ll find a wealth of detailed info on our web site regarding selling a Leawood Kansas home and buying a Leawood Kansas home.

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Posted by Jason Brown

 

Shawnee Kansas Real Estate Market Update – April 2013 Update

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Shawnee Kansas Real Estate Update
Recent Real Estate Market Activity In Shawnee KS

Looking at the past 15 days of real estate sales activity in the city of Shawnee Kansas and comparing it to the volume of homes for sale in the city, there’s 3.9 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Shawnee. The average new listing the past 15 days came on the market around $246,000, while the average sales price during the same period was nearly $237,000.

Type # Average $ Avg DOM
Listings Past 15 Days 85 $246,245 —
Total Active Listings 251 — —
Newest Contracts Written 74 $233,559 73
Sold (closed) Past 15 Days 32 $236,509 116

* 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 32 homes sold (closed) in Shawnee Kansas were on the market an an average of 116 days. We assist home buyers and home sellers with their Shawnee real estate transactions, so please contact us for assistance. If you’re in the preliminary stages, you can find detailed real estate information on our website regarding selling a Shawnee Kansas home and buying a Shawnee Kansas home.

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Posted by Jason Brown