Overland Park Kansas Real Estate Market Update – November 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

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 4.5 months of inventory currently on the market. This amount of inventory is considered a slight seller’s real estate market in the city of Overland Park. The average sales price the past 15 days in Overland Park was nearly $260,000, while the average new listing came on the market around $282,000.

Type # Average $ Avg DOM
Listings Past 15 Days 85 $282,243
Total Active Listings 641
Newest Contracts Written 86 $286,005 94
Sold (closed) Past 15 Days 72 $259,655 101

* 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 days on market is trending slightly higher in Overland Park, with the last 72 homes sold having been on the market an average of 101 days. Should you be making plans to buy or sell a home in Overland Park Kansas, my real estate group can help guide you through the process. You can locate detailed information on my website regarding selling an Overland Park Kansas home and with buying an Overland Park Kansas home. If you have specific questions, please contact us for assistance.

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Leawood Kansas Real Estate Market Update – November 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Leawood Kansas to calculate the city’s absorption rate, we find there’s 8.3 months of inventory currently on the market. This amount of inventory is considered a buyer’s real estate market in the city of Leawood. This is the highest amount of inventory we’ve seen since spring, though the stats aren’t all the surprising given the sales rate were using comes at a traditionally slower time of year for home sales.

Type # Average $ Avg DOM
Listings Past 15 Days 21 $471,601
Total Active Listings 233
Newest Contracts Written 18 $389,373 64
Sold (closed) Past 15 Days 14 $372,942 62

* 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 14 homes sold (closed) in Leawood Kansas were on the market an average of 62 days. The average sales price the past 15 days was nearly $373,000 and the average new listing came on the market around at close to $472,000. If you are considering buying or selling a home in Leawood Kansas, we can help you through the process. You can find more details here regarding selling a Leawood Kansas home or here regarding buying a Leawood Kansas home. If you have specific questions, please contact us for assistance.

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Shawnee Kansas Real Estate Market Update – November 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Shawnee Kansas to calculate the city’s absorption rate, we find there’s 5.4 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Shawnee. A solid number of new homes went under contract the past 15 days, so the market is remaining stable.

Type # Average $ Avg DOM
Listings Past 15 Days 40 $227,238
Total Active Listings 278
Newest Contracts Written 41 $223,009 93
Sold (closed) Past 15 Days 26 $215,504 85

* 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 26 homes sold in Shawnee had an average sales price of more than $215,000, while the average new listing came on the market around $227,000. We can help you with selling or purchasing a home in Shawnee Kansas and if either is in your future, we’d look forward to assisting you. If you’re in the early stages of the process, you can find more details on our website regarding selling a Shawnee Kansas home and with buying a Shawnee Kansas home. Please contact us with any questions.

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

Checking The Pulse Of The Kansas City Real Estate Market

Fairway Kansas Real Estate Stats
Fairway KS Market Update

The Fairway Kansas real estate market stats dating back a year to November 2011 reflect 92 homes Sold (closed) during this year period. The average home sales price in Fairway Kansas was $326,806 and overall sales prices ranged from a low of $76,000 to a high of $1,100,000 during the past 12 months.

Fairway Kansas

Fairway Kansas

Comparing the 23 Active homes for sale in Fairway to the demand for homes the past year in the city, there’s 3.0 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the Fairway Kansas area. The average current list price of $312,988 is lower than the average sales price ($326,806) the past 12 months in Fairway. Fairway has nearby parks, shopping and dining amenities and is easily accessible to I-35 Highway.

Fairway Kansas is located in northeastern Johnson County Kansas and served by the Shawnee Mission School District. If your plans include buying or selling a home in Fairway Kansas or in the surrounding Johnson County Kansas area, my real estate group would look forward to helping you through the process.

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 Posted by Jason Brown

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Real Estate Market Is Balanced Statewide, While Locally In Johnson County We’re In A Seller’s Market

Checking The Pulse Of The Kansas City Real Estate Market


The most recently released real estate market stats for the state of Kansas show further improvements in average sales prices and volume of home sold across the state. Home sales rose 0.2% in September compared with September 2011 and the modest increase follows up last month’s impressive 12.3% increase in volume of homes sold.

Average home sales price rose 6.6% compared to September of last year. This is a huge jump in sales prices and follows up a 3.8% improvement last month. Comparing September sales rate against the volume of homes for sale, there’s 6.5 months of inventory on the market. The stats a month ago showed Kansas with 5.2 months of real estate inventory. Both represent a balanced real estate market in the state of Kansas and that makes seven straight months that Kansas has been in a balanced market. The recent increase in months of inventory is worth keeping an eye on as this months jump in inventory nearly pushed the state out of a balanced real estate market and into a buyer’s market.

The local real estate market here in Johnson County KS is exceptionally strong. Home sales have remained firm while new listings have hit the market at a reasonable pace in recent months. In September there were 662 homes sold and using that sales rate (compared to the current volume of homes for sale in Johnson County Kansas), there’s 3.9 months of inventory on the market. This is a jump from last months 3.0 months of inventory yet still indicates a continuation of the buyer’s market in Johnson County Kansas.  


Posted by Jason Brown

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Olathe Kansas Real Estate Market Update – October 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Olathe Kansas to calculate the city’s absorption rate, we find there’s 4.9 months of inventory currently on the market. This amount of inventory is considered a slight seller’s real estate market in the city of Olathe. The average sales price the past 15 days in Olathe was around $196,000, while the average new listing came on the market at nearly $234,000.

Type # Average $ Avg DOM
Listings Past 15 Days 94 $233,814
Total Active Listings 565
Newest Contracts Written 84 $217,863 83
Sold (closed) Past 15 Days 57 $196,219 104

* 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 57 homes sold in Olathe were on the market an average of 104 days. If you’re considering buying or selling a home in Olathe Kansas, my real estate group can help you through the process. Please contact my group for assistance and you can find information here regarding selling an Olathe Kansas home and with buying an Olathe Kansas home.

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Posted by Jason Brown

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Overland Park Kansas Real Estate Market Stats – October 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 4.1 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 homes sold (closed) the past 15 days in Overland Park had an average sales price around $284,000, while the average new listing came on the market at nearly $318,000.

Type # Average $ Avg DOM
Listings Past 15 Days 132 $317,924
Total Active Listings 705
Newest Contracts Written 129 $263,587 78
Sold (closed) Past 15 Days 87 $283,505 104

* 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 sold the past 15 days in Overland Park averaged 104 days on market. If you’re considering buying or selling a home in Overland Park we can provide you market stats on any specific subdivision. You can also find more details here regarding selling an Overland Park Kansas home and with buying an Overland Park Kansas home. Please contact us with any questions.

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Lenexa Kansas Real Estate Market Stats – October 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Lenexa Kansas to calculate the city’s absorption rate, we find there’s 6.1 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Lenexa. The homes sold (closed) in Lenexa the past 15 days had an average sales price of more than $254,000, while the average new listing came on the market at more than $279,000.

Type # Average $ Avg DOM
Listings Past 15 Days 33 $279,311
Total Active Listings 207
Newest Contracts Written 24 $249,035 134
Sold (closed) Past 15 Days 17 $254,225 68

* 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 17 homes sold in Lenexa Kansas were on the market an average of 68 days. If you’re in the market to buy or sell a home in Lenexa Kansas, my real estate group can help you through the process. Get  details here regarding selling a Lenexa Kansas home and with buying a Lenexa Kansas home. If you have specific questions, please contact us for assistance.

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Leawood Kansas Real Estate Market Stats – October 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Leawood Kansas to calculate the city’s absorption rate, we find there’s 6.1 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Leawood. The average sales price of the homes sold (closed) the past 15 days in Leawood was right at $375,000, while the average new listing came on the market at an average list price around $549,000.

Type # Average $ Avg DOM
Listings Past 15 Days 46 $549,193
Total Active Listings 254
Newest Contracts Written 26 $357,761 52
Sold (closed) Past 15 Days 21 $375,243 83

* 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 21 homes sold in Leawood Kansas were on the market an average of 83 days. If you’re looking into buying or selling a home in Leawood Kansas, we can guide you through the real estate process. You can find more information on our website regarding selling a Leawood Kansas home and with buying a Leawood Kansas home. If you have specific questions, don’t hesitate to contact us for assistance.

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Statewide Real Estate Market Is Stable, While Johnson County’s Seller Market Strengthens

Checking The Pulse Of The Kansas City Real Estate Market


The Kansas Association of Realtors has released the state’s August real estate market stats and they show continued improvements for housing in both average home sales prices and volume of home sales. Across Kansas, home sales rose 12.3% compared with August 2011. This is another impressive jump that follows up on last month’s 14.1% improvement in numbers of homes sold.

Average sales prices rose 3.8%, following up on last months 3.5% jump. Using the August sales rate compared against the volume of homes for sale at the time the stats were pulled, there’s 5.2 months of inventory on the market. The stats a month ago showed Kansas with 5.3 months of real estate inventory. Kansas has remained firmly in a balanced real estate market the past six months.

The local real estate market here in Johnson County KS is exceptionally strong as home sales have remained firm and there’s been no glut of listings hitting the market in recent months. In August there were 922 homes sold and using that sales rate (compared to the current volume of homes for sale in Johnson County Kansas), there’s 3.0 months of inventory on the market. When we checked last month there was 3.1 months of inventory on the market in Johnson County, both stats indicating a solid home seller’s market in the area.


Posted by Jason Brown

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