Category Archives: Investment Property

Kansas City Investment Property

Leawood Kansas Real Estate Market – August 2014 Update

Posted on by

The Pulse Of The Kansas City Real Estate Market

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

Using the 30 homes sold in Leawood Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.9 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Leawood. The average new listing the past 15 days came on the market around $545,000, while the average sales price during the same time period was around $571,000.

Type # Average $ Avg DOM
Listings Past 15 Days 57 $544,932 —
Total Active Listings 234 — —
Newest Contracts Written 22 $485,216 48
Sold (closed) Past 15 Days 30 $571,150 110

* 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 30 homes sold in Leawood Kansas were on the market an average of 110 days, while the 22 homes to go under contract during the same time period did so in 48 days on average. We can assist you with buying or selling a home in Leawood, so please contact The Jason Brown Group with all of your area real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling a Leawood Kansas home and buying a Leawood Kansas home.

Leawood Kansas Real Estate Information

Search All Leawood Kansas MLS Listings

View More Local Market Stats

Listing Agents In Leawood Kansas

Buyer’s Agents In Leawood Kansas

Posted by Jason Brown

 

Lenexa Kansas Real Estate Market – August 2014 Update

Posted on by

The Pulse Of The Kansas City Real Estate Market

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

Using the 33 homes sold in Lenexa Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.2 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Lenexa Kansas. The average new listing the past 15 days came on the market around $282,000, while the average sales price during the same time period was around $292,000.

Type # Average $ Avg DOM
Listings Past 15 Days 40 $281,638 —
Total Active Listings 209 — —
Newest Contracts Written 32 $258,386 46
Sold (closed) Past 15 Days 33 $291,282 64

* 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 33 homes sold in Lenexa Kansas were on the market an average of 64 days, while the 32 homes to go under contract during the same time period did so in 46 days on average. We can assist you with buying or selling a home in Lenexa Kansas, so please contact The Jason Brown Group with all of your Lenexa Kansas real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling a Lenexa Kansas home and buying a Lenexa Kansas home.

Lenexa Kansas Real Estate Information

Search All Lenexa Kansas MLS Listings

View More Local Market Stats

Listing Agents In Lenexa Kansas

Buyer’s Agents In Lenexa Kansas

Posted by Jason Brown

 

How Will A 1% Rise In Interest Rates Affect Johnson County Kansas Home Buyers?

Posted on by

The Pulse Of The Kansas City Real Estate Market

Today’s amazing low interest rates make it one of the best times ever to purchase a home. If you’re a home buyer looking to purchase a home in Johnson County Kansas or the surrounding Kansas City area, you’ll want to take a close look at today’s low interest rates and consider what it would mean to you if you wait to buy and rates jump in the near future. It could be just as important to you as the sales price you’ll be looking at ever so closely.

Photo 1490

Let’s compare today’s 4% mortgage interest rates to how things would look if they jumped 1% in the near future. On a $200,000 home, a borrower’s monthly principal and interest payment at 4% would be $955. Should they wait to buy a home and rates have jumped to 5% then the monthly principal and interest payment would be $1,074.  That’s almost $1,500 more a year for the same home should mortgage interest rates go up 1%! So be sure you consider today’s historically low interest rates if you’re on the fence on whether now is the right time to buy a home.

 Posted by Jason Brown

Overland Park Kansas Real Estate Market – August 2014 Update

Posted on by

The Pulse Of The Kansas City Real Estate Market

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

Using the 164 homes sold in Overland Park the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.2 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $318,000, while the average sales price during the same time period was around $282,000.

Type # Average $ Avg DOM
Listings Past 15 Days 195 $317,536 —
Total Active Listings 716 — —
Newest Contracts Written 153 $317,556 44
Sold (closed) Past 15 Days 164 $281,953 47

* 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 164 homes sold in Overland Park were on the market an average of 47 days, while the 153 homes to go under contract during the same time period did so in 44 days on average. We can assist you with buying or selling a home in Overland Park Kansas, so please contact The Jason Brown Group for all of your area real estate needs. You can also start the process by finding detailed real estate information on our site regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

Overland Park Kansas Real Estate Information

Search All Overland Park Kansas MLS Listings

View More Local Market Stats

Listing Agents In Overland Park Kansas

Buyer’s Agents In Overland Park Kansas

Posted by Jason Brown

 

Millcreek Woods Real Estate Stats ~ Millcreek Woods Homes For Sale In Olathe Kansas

Posted on by

The Pulse Of The Kansas City Real Estate Market

Millcreek Woods Subdivision Real Estate Stats
An Olathe KS Home Community

The Millcreek Woods market stats dating back a year to August 2013 reflect 10 homes listed for sale and 10 homes Sold (closed) during the year period. The average sales price in Millcreek Woods was $198,465 and the subdivision had sales prices ranging from $167,000 to $230,000 over the 12-month period.

Comparing the 3 Active homes for sale in Millcreek Woods to the demand for homes the past year in the community, there’s 3.6 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the Millcreek Woods area. The average current list price of $182,467 is lower than the average sales price the past 12 months in the subdivision. Millcreek Woods is a popular Olathe Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to I-35 Highway in Olathe.

Millcreek Woods In Olathe Kansas

Millcreek Woods In Olathe Kansas

Millcreek Woods is located in northern Olathe Kansas and served by the Olathe School District. There’s approximately 120 homes in Millcreek Woods and most of the homes in the community were built from 1985 through 2001. If your plans include buying or selling a home in Millcreek Woods or in one of the surrounding areas of Olathe Kansas, contact The Jason Brown Group for professional listing agent or buyer’s agent services.

View Homes For Sale In Millcreek Woods

Check For Additional Posts On Millcreek Woods

Get Help Buying A Millcreek Woods Home

Get Help Selling A Millcreek Woods Home

Olathe Relocation Info

Posted by Jason Brown

 

Add to DeliciousAdd to DiggAdd to FaceBookAdd to Google BookmarkAdd to RedditAdd to StumbleUponAdd to TechnoratiAdd to Twitter

Olathe Kansas Real Estate Market – August 2014 Update

Posted on by

The Pulse Of The Kansas City Real Estate Market

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

Using the 106 homes sold in Olathe Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.4 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $260,000, while the average sales price during the same time period was around $240,000.

Type # Average $ Avg DOM
Listings Past 15 Days 167 $260,284 —
Total Active Listings 510 — —
Newest Contracts Written 128 $261,197 58
Sold (closed) Past 15 Days 106 $240,243 59

* 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 106 homes sold in Olathe were on the market an average of 59 days, while the 128 homes to go under contract during the same time period did so in 59 days on average. We can assist you with buying or selling a home in Olathe Kansas, so contact The Jason Brown Group with all of your Olathe area real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling an Olathe Kansas home and buying an Olathe Kansas home.

Olathe Kansas Real Estate Information

Search All Olathe Kansas MLS Listings

View More Local Market Stats

Listing Agents In Olathe Kansas

Buyer’s Agents In Olathe Kansas

Posted by Jason Brown

 

Persimmon Hill Real Estate Stats ~ Persimmon Hill Homes For Sale In Olathe Kansas

Posted on by

The Pulse Of The Kansas City Real Estate Market

Persimmon Hill Subdivision Real Estate Stats
An Olathe KS Home Community

The Persimmon Hill market stats dating back a year to July 2013 reflect 31 homes listed for sale and 33 homes Sold (closed) during the year period. The average sales price in Persimmon Hill was $185,116 and the subdivision had sales prices ranging from $101,125 to $259,000 over the 12-month period.

Comparing the 4 Active homes for sale in Persimmon Hill to the demand for homes the past year in the community, there’s 1.5 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the Persimmon Hill area. The average current list price of $225,000 is higher than the average sales price the past 12 months in the subdivision. Persimmon Hill is a popular Olathe Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to K-7 Highway in Olathe.

Persimmon Hill In Olathe Kansas

Persimmon Hill In Olathe Kansas

Persimmon Hill is located in western Olathe Kansas and served by the Olathe School District. There’s approximately 500 homes in Persimmon Hill and most of the homes in the community were built from 1983 through 2002. If your plans include buying or selling a home in Persimmon Hill or in one of the surrounding areas of Olathe Kansas, contact The Jason Brown Group for real estate assistance.

View Homes For Sale In Persimmon Hill

Check For Additional Posts On Persimmon Hill

Get Help Buying A Persimmon Hill Home

Get Help Selling A Persimmon Hill Home

Olathe Relocation Info

Posted by Jason Brown

 

Add to DeliciousAdd to DiggAdd to FaceBookAdd to Google BookmarkAdd to RedditAdd to StumbleUponAdd to TechnoratiAdd to Twitter

Leawood Kansas Real Estate Market – July 2014 Update

Posted on by

The Pulse Of The Kansas City Real Estate Market

Johnson County Kansas Real Estate Update
Recent Real Estate Market Activity In Johnson County KS

Using the 20 homes sold in Leawood Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 5.3 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the city of Leawood. The average new listing the past 15 days came on the market around $572,000, while the average sales price during the same time period was around $450,000.

Type # Average $ Avg DOM
Listings Past 15 Days 45 $572,402 —
Total Active Listings 210 — —
Newest Contracts Written 36 $490,065 70
Sold (closed) Past 15 Days 20 $449,440 36

* 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 20 homes sold in Leawood Kansas were on the market an average of 36 days, while the 36 homes to go under contract during the same time period did so in 70 days on average. We can assist you with buying or selling a home in Leawood KS, so please contact The Jason Brown Group with all of your area real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling a Leawood Kansas home and buying a Leawood Kansas home.

Leawood Kansas Real Estate Information

Search All Leawood Kansas MLS Listings

View More Local Market Stats

Listing Agents In Leawood Kansas

Buyer’s Agents In Leawood Kansas

Posted by Jason Brown

 

Fairway Kansas Real Estate Stats ~ Fairway Kansas Homes For Sale

Posted on by

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 July 2013 reflect 113 homes Sold (closed) during this year period. The average home sales price in Fairway Kansas was $334,547 and overall sales prices ranged from a low of $115,000 to a high of $1,125,000 during the past 12 months.

Fairway Kansas Real Estate

Fairway Kansas Real Estate

Comparing the 25 Active homes for sale in Fairway to the demand for homes the past year in the city, there’s 2.7 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 $507,284 is higher than the average sales price the past 12 months in Fairway. Fairway has many 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, please let us know how we can assist you.

View Homes For Sale In Fairway Kansas

Check For Additional Posts On Fairway Kansas

Get Help Buying A Fairway Kansas Home

Get Help Selling A Fairway Kansas Home

Fairway Kansas Relocation Info

Posted by Jason Brown

Add to DeliciousAdd to DiggAdd to FaceBookAdd to Google BookmarkAdd to RedditAdd to StumbleUponAdd to TechnoratiAdd to Twitter

Johnson County Kansas Real Estate Market – July 2014 Update

Posted on by

The Pulse Of The Kansas City Real Estate Market

Johnson County Kansas Real Estate Update
Recent Real Estate Market Activity In Johnson County KS

Using the 391 homes sold in Johnson County Kansas the past 15 days to calculate the absorption rate in the county, we find there’s currently 3.0 months of inventory on the market. This amount of inventory indicates a seller’s real estate market Johnson County. The average new listing the past 15 days came on the market around $318,000, while the average sales price during the same time period was around $284,000.

Type # Average $ Avg DOM
Listings Past 15 Days 675 $318,004 —
Total Active Listings 2332 — —
Newest Contracts Written 548 $268,557 58
Sold (closed) Past 15 Days 391 $283,906 56

* 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 391 homes sold in Johnson County Kansas were on the market an average of 56 days, while the 548 homes to go under contract during the same time period did so in 58 days on average. We can assist you with buying or selling a home in Johnson County, so please contact The Jason Brown Group with all of your Johnson County Kansas real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling a Johnson County Kansas home and buying a Johnson County Kansas home.

Johnson County Kansas Real Estate Information

Search All Johnson County Kansas MLS Listings

View More Local Market Stats

Listing Agents In Johnson County Kansas

Buyer’s Agents In Johnson County Kansas

Posted by Jason Brown