Category Archives: Prairie Village Real Estate

Prairie Village KS Real Estate, Prairie Village Homes For Sale, Prairie Village Kansas Realtors

Home Sale Prices And Volume Of Sales In Kansas Continues To Favor Home Sellers

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Checking The Pulse Of The Kansas City Real Estate Market


The most recent Kansas Association of Realtors real estate stats (for the month of May) indicates further strengthening of the state-wide housing market. Home sales volume continue to rise, as does resulting home sale prices. During the month of May in Kansas, homes sales increased 14.2% compared to May of last year. This follows up last months reported 7.8% increase in home sales.

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At last months check, the state was in a balanced real estate market but nearing a seller’s market (with 5.2 months of inventory). This month there is 4.0 months of inventory on the market and thus the state  has moved into a seller’s market. The rise in home sale prices was just as impressive with average sale prices rising 9.5% compared to May of last year. This follows up last month’s huge 13.7% increase in sale prices in Kansas.

Locally in the Johnson County Kansas area, the real estate market continues to heavily favor home sellers. Over the past month there were 933 homes sold (closed) and comparing this sales rate against the current volume of homes for sale, it calculates to 2.6 months of inventory on the market. This is an increase over last month’s 2.1 months of inventory but still represents a very strong seller’s real estate market in Johnson County Kansas.


Posted by Jason Brown

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Kansas City Real Estate News, Trends And Lifestyles Of The Rich And Famous… June 2013

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Checking The Pulse Of The Kansas City Real Estate Market

 

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Posted by Jason Brown

Johnson County Kansas Has Dipped Down To Just 2.1 Months Of Home Inventory On The Market

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Checking The Pulse Of The Kansas City Real Estate Market


The most recently released Kansas Association of Realtors stats (for the month of April) indicates further strengthening of the state-wide real estate market. Home sales volume continue to rise, as does resulting home sale prices. During the month of April in Kansas, homes sales increased 7.8% compared to April of last year. This follows up the previous months 4.1 increase.

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At last months check, the state was also in a balanced real estate market but nearing a seller’s market (with 5.3 months of inventory). This month there is 5.2 months of inventory on the market and thus another small step towards a seller’s market. The rise in home sale prices was more impressive than the increase in volume of home sales, with average sales price rising an incredible 13.7% compared to April of last year. This follows up last months 9.0% increase in sale prices in Kansas. 

Locally in the Johnson County Kansas area, the real estate market continues to heavily favor home sellers. Over the past month there were 1,132 homes sold (closed) and comparing this sales rate against the current volume of homes for sale, it calculates to just 2.1 months of inventory on the market. This is an improvement over last month’s already seller dominant 2.9 months of inventory. Johnson County Kansas clearly remains in a strong seller’s real estate market.


Posted by Jason Brown

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Top 10 Hottest Selling Home Communities In Johnson County Kansas

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Checking The Pulse Of The Kansas City Real Estate Market

When buying a home in Johnson County Kansas, most buyers aren’t simply looking for the perfect home. Home buyers are also looking to make the best possible real estate investment decisions. Smart buyers are willing to give in to some of their wants, focus more on what they really need and then find the best possible home in one of our areas best selling communities. If there’s a chance you may need to sell your home within a few years of buying, here’s a good starting point, with the 10 hottest selling home communities in Johnson County Kansas so far in 2013 (ranked by homes sold)…

1. Havencroft in Olathe KS (32 homes sold, $160’s average sales price)

2. Cedar Creek in Olathe KS (30 homes sold, $440’s average sales price)

3. Bluestem in Overland Park KS (28 homes sold, $510’s average sales price)

4. Prairie Fields in Prairie Village KS (27 homes sold, $160’s average sales price)

5. Leawood Estates in Leawood KS (25 homes sold, $360’s average sales price)

6. Forest View in Olathe KS (23 homes sold, $410’s average sales price)

7 Oak Park in Overland Park (23 homes sold, $170’s average sales price)

8. Prairie Point in Olathe KS (19 homes sold, $370’s average sales price)

9. Leawood South in Leawood KS (18 homes sold, $300’s average sales price)

10. Wyngate in Overland Park KS (17 homes sold, $460’s average sales price)

Just out of the top 10: Lionsgate, The Reserve, Hampton Place, Nottingham By The Green

SEARCH ALL JOHNSON COUNTY KS HOMES FOR SALE


Posted by Jason Brown

Prairie Village Kansas Real Estate Market Update – May 2013 Update

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Checking The Pulse Of The Kansas City Real Estate Market

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.

Prairie Village Kansas Real Estate Information

Search All Prairie Village Kansas MLS Listing

View More Local Market Stats

Listing Agents In Prairie Village Kansas

Buyer’s Agents In Prairie Village Kansas

Posted by Jason Brown

 

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

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Checking The Pulse Of The Kansas City Real Estate Market

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

Use Our Mapping Feature To Search Homes For Sale Via The Kansas City MLS

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Checking The Pulse Of The Kansas City Real Estate Market

Search area homes for sale using mapping features of listings fed from the Kansas City MLS. Locate homes currently for sale in Kansas City, Johnson County Kansas, Overland Park, Olathe, Lenexa, Leawood, Shawnee and the surrounding metro areas! Click the map below to get started…

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Posted by Jason Brown

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

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Checking The Pulse Of The Kansas City Real Estate Market


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.

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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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Overland Park Keller Williams #1 Kansas City Metro Brokerage For Fewest Days On Market Per Listing

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Checking The Pulse Of The Kansas City Real Estate Market

Last month’s Kansas City MLS (Heartland) stats show that my Keller Williams Realty office in Overland Park was the #1 real estate office of any brokerage in the Kansas City metro area in multiple categories. We were #1 for the fewest days on market per listing at 73 days, #1 for total market share and #2 for list price to sales price…

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Check us out when it’s time to SELL your home (not just list it and hope for the best)… www.JBPRealtyGroup.com. Our average listing sells in 60 days and for 98% of list price and we look forward to assisting you.


Posted by Jason Brown

Want To Know What Your Johnson County Kansas Home Is Worth?

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Checking The Pulse Of The Kansas City Real Estate Market

On many listing appointments home sellers perk up once we get past discussions about showing condition, marketing, commission and staging and get on to another important home selling factor… pricing of the home. Although I’ve been doing this for years, I continue to find it interesting how different agents can have such varying opinions on an appropriate list price for a given home. It seems that agents either don’t agree on the best comparable listings for establishing pricing or maybe there’s ulterior motives involved. 

When going over pricing, I discuss a price range and explain that whether we go on the high or low side of that range depends on the seller’s real estate goals. I like to welcome the seller’s opinion because knowing a seller’s motivation is critical to helping them achieve their real estate goals. Still, there are cases when a seller asks me point-blank, “How much will my home sell for?”  And my answer is always the same… Unless I’m going to buy the home from them right then and there, it’s impossible to answer that question because we don’t know who the BUYER is going to be. What I can tell them are the factors that buyers will NOT be considering when deciding how much they’re willing to pay for a home…

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Most agents are somewhere between pretty sure and really sure what your home will sell for, but the truth is no agent knows for sure because the market value of every home is determined by what a buyer is willing to pay for it. The market changes daily and think of it this way… While there may be a buyer today willing to pay $300,000 for your home, if they buy another home today and you don’t put your home on the market until tomorrow, there’s no way to know how quickly a similar buyer will enter the market-place.

A home that is in excellent condition Structurally (foundation, roof, driveway, etc.), Mechanically (HVAC, electrical, plumbing, etc.) and Cosmetically (paint, carpeting, fixtures, etc.) and which is listed by a real estate agent who uses effective marketing techniques will net the highest possible sales price from a ready, willing and able home buyer.


Posted by Jason Brown