Category Archives: Subdivision Market Stats

Kansas City Subdivision Stats

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Overland Park Keller Williams First Kansas City Metro Office To Sell One Billion Dollars In Real Estate In A Year

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The Jason Brown Group

My Overland Park Keller Williams Realty office is not only the #1 producing real estate office of any single brokerage office in the Kansas City metro area, we’ve now become the first individual real estate office ever in the metro area to have SOLD ONE BILLION DOLLARS IN REAL ESTATE IN A SINGLE YEAR… And we’ve got 6 more weeks to build on it!

Keller Williams Realty serving Overland Park, Olathe, Lenexa, Leawood, Shawnee and the surrounding areas

When it’s time to buy or sell a home, there’s EVERY reason to give my real estate group a shot at your business… I won’t be beat and you can count on me going out of my way to win your business and take care of you. We provide expert listing agent services, expert buyer’s agent services, and I’ll personally make sure that you get a great deal!

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Hot Kansas City Real Estate Market Continues through 2nd Quarter of 2016

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The Jason Brown Group

During the 2nd quarter of 2016, the volume of home sales has continued to rise and home sales prices have followed. As it has for around a year now, the supply of homes for sale is failing to meet the buyer demand for homes. Not only has supply not started to correct itself, the volume of inventory has continues to go down while the demand for homes has remained on the rise.

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Kansas City area home sellers continue to obtain a very high percentage of their asking price with most obtaining 98% to 100%+ of asking price. Closings in the metro area rose 4.9% in the 2nd quarter with 11,605 home sales this year compared to 11,065 2nd quarter of last year. There were 8,582 homes for sale during the 2nd quarter this year and that’s a huge drop from the 11,894 homes for sale at this time last year… And compared to 4 years, listings are down an incredible 40%!

Overall in the Kansas City metro area, there’s 2.8 months of inventory on the market. That volume of inventory indicates a Seller’s real estate market. At this time last year there was 4.2 months available and while that’s still a seller’s market, it’s a much stronger seller’s market right now. And 3 years ago there was 5.7 months of inventory and that amount of inventory represented a balanced real estate market. Essentially we have about HALF the number of homes available for home buyers as we did a few years ago. This is a major reason home sellers have obtained an average sales price of $186,000 metro wide, which is $10,000 higher than 2nd quarter a year ago.

The current hot summer real estate market looks very much like it will continue right into the fall, and possibly all the way through it. But there’s also a lot going in the world that could change things… And interest rates are sure to rise at some point. The election year has historically played a role in the direction of the real estate market and nobody knows for sure just how that’s going to turn out. For now, we remain in a very fast paced market. If you’re thinking about making a move, give me a call to discuss the effects our current market have on your home buying and home selling decisions.

 

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Nottingham By The Green Real Estate Stats ~ Nottingham By The Green Homes For Sale In Overland Park KS

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The Pulse Of The Kansas City Real Estate Market

Nottingham By The Green Subdivision Real Estate Stats
An Overland Park KS Home Community

The Nottingham By The Green market stats dating back a year to March 2014 reflect 49 homes listed for sale and 35 homes Sold (closed) during the year period. The average sales price in Nottingham By The Green was $418,331 and the subdivision had sales prices ranging from $305,000 to $646,100 over the 12-month period.

Comparing the 10 Active homes for sale in Nottingham By The Green to the demand for homes the past year in the community, there’s 3.4 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the Nottingham By The Green area. The average current list price of $476,465 is higher than the average sales price the past 12 months in the subdivision. Nottingham By The Green is a popular Overland Park Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to I-435 Highway in Overland Park.

Nottingham By The Green In Overland Park Kansas

Nottingham By The Green In Overland Park Kansas

Nottingham By The Green is located in southeast Overland Park Kansas and served by the Olathe School District. There’s approximately 500 homes in Nottingham By The Green and most of the homes in the community were built from 1993 through 1999. If your plans include buying or selling a home in Nottingham By The Green or in one of the surrounding areas of Overland Park, contact The Jason Brown Group for real estate assistance.

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Southglen & Southglen Woods Real Estate Stats ~ Cedar Creek Homes For Sale In Olathe Kansas

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The Pulse Of The Kansas City Real Estate Market

Southglen and Southglen Woods Real Estate Stats
A Cedar Creek Community in Olathe Kansas

The Southglen and Southglen Woods market stats dating back a year to February 2014 reflect 28 homes listed for sale and 30 homes Sold (closed) during the year period. The average sales price in Southglen was $367,390 and the average sales price in Southglen Woods was $473,363. Overall the Southglen and Southglen Woods areas had sales prices ranging from $308,000 to $710,000 over the 12-month period.

Comparing the 5 Active homes for sale in Southglen and Southglen Woods to the demand for homes the past year in the community, there’s 2.0 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the Southglen and Southglen Woods area. The average current list price of $529,960 is higher than the average sales price the past 12 months in the area. Southglen and Southglen Woods of Cedar Creek are popular Olathe Kansas home communities and located within close proximity to parks, shopping and dining amenities and near access to K-10 and K-7 highways in Olathe Kansas.

Southglen and Southglen Woods of Cedar Creek in Olathe Kansas

Southglen and Southglen Woods of Cedar Creek in Olathe Kansas

Southglen and Southglen Woods are located in northwest Olathe Kansas and served by the Olathe School District. There’s approximately 200 homes in Southglen and Southglen Woods and most of the homes in the community were built from 2000 to homes currently under construction in the community. If your plans include buying or selling a home in Southglen and Southglen Woods or in one of the surrounding areas of Cedar Creek or Olathe Kansas, contact The Jason Brown Group for real estate assistance.

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Olathe Relocation Info

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Old Leawood Real Estate Stats ~ Old Leawood Homes For Sale In Leawood Kansas

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Checking The Pulse Of The Kansas City Real Estate Market

Old Leawood Community Real Estate Stats
Old Leawood Area in Leawood KS

The Old Leawood market stats dating back a year to February 2014 reflect 173 homes Sold (closed) during the year period. The average sales price in Old Leawood was $456,411 and the area had sales prices ranging from $90,000 to $2,475,000 over the 12-month period.

Comparing the 35 Active homes for sale in Old Leawood to the demand for homes the past year in the community, there’s 2.4 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in Old Leawood. The average current list price of $504,091 is higher than the average sales price the past 12 months in Old Leawood. The Old Leawood area is a popular Leawood Kansas community and located within close proximity to parks, shopping and dining amenities and near access to I-435 Highway in Leawood.

Old Leawood In Leawood Kansas

Old Leawood In Leawood Kansas

Old Leawood covers the northern portion of Leawood Kansas in the 66206 zip code and is served by the Shawnee Mission School District. Most of the homes in the Old Leawood area were built from 1942 to 1978. If your plans include buying or selling a home in Old Leawood or in one of the surrounding areas of Leawood Kansas, contact The Jason Brown Group for real estate assistance.

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Oak Hill Real Estate Stats ~ Oak Hill Homes For Sale In Lenexa Kansas

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The Pulse Of The Kansas City Real Estate Market

Oak Hill Subdivision Real Estate Stats
A Lenexa KS Home Community

The Oak Hill market stats dating back a year to February 2014 reflect 27 homes listed for sale and 23 homes Sold (closed) during the year period. The average sales price in Oak Hill was $268,910 and the subdivision had sales prices ranging from $221,500 to $340,000 over the 12-month period.

Comparing the 2 Active homes for sale in Oak Hill to the demand for homes the past year in the community, there’s 1.0 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the Oak Hill area. The average current list price of $309,975 is higher than the average sales price the past 12 months in the subdivision. Oak Hill is a popular Lenexa Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to I-35 and I-435 highways in Lenexa.

Oak Hill In Lenexa Kansas

Oak Hill In Lenexa Kansas

Oak Hill is located in eastern Lenexa Kansas and served by the Shawnee Mission School District. There’s approximately 300 homes in Oak Hill and most of the homes in the community were built from 1985 trough 1998. If your plans include buying or selling a home in Oak Hill or in one of the surrounding areas of Lenexa, contact The Jason Brown Group for real estate assistance.

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Wilshire Farms Real Estate Stats ~ Wilshire Farms Homes For Sale In Overland Park Kansas

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The Pulse Of The Kansas City Real Estate Market

Wilshire Farms Subdivision Real Estate Stats
An Overland Park KS Home Community

The Wilshire Farms market stats dating back a year to January 2014 reflect 35 homes listed for sale and 26 homes Sold (closed) during the year period. The average sales price in Wilshire Farms was $544,604 and the subdivision had sales prices ranging from $432,000 to $976,500 over the 12-month period.

Comparing the 4 Active homes for sale in Wilshire Farms to the demand for homes the past year in the community, there’s 1.9 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the Wilshire Farms area. The average current list price of $548,475 is in line with the average sales price the past 12 months in the subdivision. Wilshire Farms is a popular Overland Park Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to 69 Highway in Overland Park.

Wilshire Farms In Overland Park Kansas

Wilshire Farms In Overland Park Kansas

Wilshire Farms is located in southern Overland Park Kansas and served by the Blue Valley School District. There’s approximately 350 homes in Wilshire Farms and most of the homes in the community were built from 2005 through 2013. If your plans include buying or selling a home in Wilshire Farms or in one of the surrounding areas of Overland Park contact The Jason Brown Group for real estate assistance.

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Briarwood Real Estate Stats ~ Briarwood Homes For Sale In Olathe Kansas

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Briarwood Subdivision Real Estate Stats
An Olathe KS Home Community

The Briarwood market stats dating back a year to January 2014 reflect 29 homes listed for sale and 26 homes Sold (closed) during the year period. The average sales price in Briarwood was $246,256 and the subdivision had sales prices ranging from $179,000 to $290,000 over the 12-month period.

Comparing the 3 Active homes for sale in Briarwood to the demand for homes the past year in the community, there’s 1.4 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the Briarwood area. The average current list price of $265,667 is higher than the average sales price the past 12 months in the subdivision. Briarwood 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.

Briarwood In Olathe Kansas

Briarwood In Olathe Kansas

Briarwood is located in eastern Olathe Kansas and served by the Olathe School District. There’s approximately 500 homes in Briarwood and most of the homes in the community were built from 1980 through 1994. If your plans include buying or selling a home in Briarwood or in one of the surrounding areas of Olathe, contact The Jason Brown Group for real estate assistance.

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Olathe Relocation Info

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Summercrest Real Estate Stats ~ Summercrest Homes For Sale In Overland Park Kansas

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The Pulse Of The Kansas City Real Estate Market

Summercrest Subdivision Real Estate Stats
An Overland Park KS Home Community

The Summercrest market stats dating back a year to January 2014 reflect 24 homes listed for sale and 22 homes Sold (closed) during the year period. The average sales price in Summercrest was $231,139 and the subdivision had sales prices ranging from $175,000 to $259,000 over the 12-month period.

Comparing the 4 Active homes for sale in Summercrest to the demand for homes the past year in the community, there’s 2.2 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the Summercrest area. The average current list price of $234,363 is in line with the average sales price the past 12 months in the subdivision. Summercrest is a popular Overland Park Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to 69 and I-435 highways in Overland Park.

Summercrest In Overland Park Kansas

Summercrest In Overland Park Kansas

Summercrest is located in southern Overland Park Kansas and served by the Blue Valley School District. There’s approximately 400 homes in Summercrest and most of the homes in the community were built from 1983 through 1988. If your plans include buying or selling a home in Summercrest or in one of the surrounding areas of Overland Park, contact The Jason Brown Group for real estate assistance.

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Overland Park Relocation Info

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