Category Archives: Subdivision Market Stats

Kansas City Subdivision Stats

Woodland Manor Market Statistics ~ Woodland Manor Homes For Sale In Olathe KS

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Checking The Pulse Of The Kansas City Real Estate Market
Woodland Manor Community Real Estate Market Stats
Woodland Manor Is A Subdivision In Olathe KS

Looking over the Woodland Manor market statistics going back to December 2008, 7 homes were listed for sale and 7 homes closed (were sold) over the same 12-month period. The average sales price in Woodland Manor was $307,957 and the subdivision saw a sale’s price range of $287,000 to $325,000.

Comparing the 4 Active listings in Woodland Manor to the 12-month sales rate in the community, there’s 6.9 months of inventory currently on the market. This is a little high but not surprising in our current real estate market. The average current list price of $345,688 is also quite a bit higher than the $307,957 average sales price over the last year in the community. Woodland Manor is a new Olathe Kansas home community and located near many amenities, including parks, shopping and dining and is also near multiple highways that provide access to downtown Kansas City and the airport.

Woodland Manor In Olathe Kansas

Woodland Manor In Olathe Kansas

Woodland Manor is located in northwest Olathe Kansas and the subdivision is served by the Olathe School District. If you’re considering buying or selling a home in Woodland Manor, please contact me to view all area homes for sale or assistance with selling your current home.

View Homes For Sale in Woodland Manor

Buying A Home In Woodland Manor

Selling A Home In Woodland Manor

Posted by Jason A. Brown

Windham Hill Market Statistics ~ Windham Hill Homes For Sale In Overland Park KS

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Checking The Pulse Of The Kansas City Real Estate Market
Windham Hill Community Real Estate Market Stats
Windham Hill Is A Subdivision In Overland Park KS

Looking over the Windham Hill market statistics dating back to December 2008, 13 homes were put on the market and 13 homes were sold over the same year period. The average sales price in Windham Hill was $280,954 and the subdivision saw a price range variance of $233,000 to $300,000.

Comparing the 2 Active listings in Windham Hill to the 12-month sales rate in the community, there’s 1.9 months of inventory currently on the market. This is excellent and bucks the Buyer’s market trend seen in many area communities. The average current list price of $316,950 is higher than the $280,954 average sales price the past year in the community. Windham Hill is a popular Overland Park KS subdivision near amenities, parks, shopping and highway access.

Windham Hill In Overland Park Kansas

Windham Hill In Overland Park Kansas

Windham Hill is located in southern Overland Park Kansas and is served by the Blue Valley School District.  Many of the homes in Windham Hill were built from the late 1980’s through the early 1990’s. If you’re considering  a move to or from Windham Hill or another area community, I’d look forward to assisting you. Please let me know how I can  help you with your real estate needs.

View Homes For Sale in Windham Hill

Buying A Home In Windham Hill

Selling A Home In Windham Hill

Posted by Jason A. Brown

Prairie Village Kansas Real Estate Update – December 2009

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Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Prairie Village Kansas
Recent 15 Days of Prairie Village KS Market Activity
Type
#
Average $
Avg DOM
Listings Past 15 Days
 20
 $182,583
–
Total Active Listings
 142
–
–
Newest Contracts Written
 7
 $250,686 102
Newest Sold (Closed)
 11
 $199,455 58

* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.

Prairie Village KS Real Estate

Prairie Village KS Real Estate

Using the past 15 days of market stats in the above chart, we can figure the absorption rate in Prairie Village to be 6.4 months of inventory on the market. Looking at absorption rates provides valuable information on the supply and demand of real estate in Prairie Village. 6.4 months of inventory is high and clearly it’s a Buyer’s market in Prairie Village. But 6 months of inventory isn’t like the upper bracket communities where some are seeing 2 years of inventory on the market. It’s also good to see such a high average price ($250,686) for the 7 homes that did go under contract the past 15 days. That’s much higher than the $199,455 average sales price over the same period. The 20 homes that came on the market also appear priced well overall.

Prairie Village is an excellent community for home buyers who want reasonably priced homes that have character and intangibles like tree-lined streets. If you’re considering selling or buying a Prairie Village Kansas home, you’ll need more than just 15 days of market stats. You’ll also need to see the market stats specific to the subdivision, zip code (and sometimes even the block)  that  interests you most. As your Prairie Village Realtor, we’ll get you the market information you need to make an informed real estate decision.

View Past Real Estate Stats On Prairie Village Kansas

Buyer’s Agents In Prairie Village Kansas

Seller’s Agents In Prairie Village Kansas

View All Listed Prairie Village Kansas Homes

Posted by Jason A. Brown

Northwood Trails Market Statistics ~ Northwood Trails Homes For Sale In Olathe Kansas

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Checking The Pulse Of The Kansas City Real Estate Market
Northwood Trails Community Real Estate Market Stats
Northwood Trails Is A Subdivision In Olathe KS

Looking over the Northwood Trails market statistics dating back to December 2008, 32 homes were put on the market and 25 homes were sold over the same year period. The average sales price in Northwood Trails was $239,348 and the subdivision saw a price range variance of $198,000 to $324,900.

Comparing the 5 Active listings in Northwood Trails to the 12-month sales rate in the community, there’s 2.4 months of inventory currently on the market. This is excellent in our current market and especially good for a large subdivision like Northwood Trails. The average current list price of $240,400 is also excellent since it’s right at the average sales price seen over the past 12 months. Since this is a buyer’s market and homes are selling for less than list price, the current inventory of homes appear priced very well.

Northwood Trails In Olathe Kansas

Northwood Trails In Olathe Kansas

Northwood Trails is a popular Olathe Kansas subdivision and located in Northwest Olathe and near shopping, parks and highway access.  Northwood Trails is served by the Olathe School District. Many of the homes in Northwood Trails were built from the late 1980’s through the late 1990’s.  If you’re considering a move to or from the Northwood Trails community, I’d look forward to assisting you with your move.

View Homes For Sale in Northwood Trails

Buying A Home In Northwood Trails

Selling A Home In Northwood Trails

Olathe Kansas fact…
In 2008 Olathe was the 24th fastest growing city in the U.S.

Posted by Jason A. Brown

Woodland Reserve Market Statistics ~ Woodland Reserve Homes For Sale In Lenexa Kansas

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Checking The Pulse Of The Kansas City Real Estate Market
Woodland Reserve Community Real Estate Market Stats
Woodland Reserve Is A Subdivision In Lenexa KS

Looking over the market statistics in Woodland Reserve dating back to December 2008, 22 homes were put on the market and 15 homes were sold over the same 12-month period. The average sales price in Woodland Reserve was $538,539 and the home community saw a sale’s price range of $370,000 to $730,000.

Comparing the 22 Active listings in Woodland Reserve to the 12-month sales rate in the community, there’s 17.6 months of inventory currently on the market. This is very high and home buyers have a lot of homes from which to choose in the area.  The average current list price of $603,877 is quite a bit higher than the average sales price of $538,539 over the last year in the subdivision. Woodland Reserve is an upscale home community in the popular Western Lenexa area.  The area is conveniently located to highway access to downtown Kansas City, the airport and local shopping, dining, parks and entertainment amenities.

Woodland Reserve In Lenexa KS

Woodland Reserve In Lenexa KS

Woodland Reserve is located in western Lenexa Kansas and is served by the Olathe School District.  Homes in Woodland Reserve were built from early this decade to many more homes in the community currently being under construction. If you’re considering buying or selling a home in Woodland Reserve, I’d look forward to assisting you.

View Homes For Sale in Woodland Reserve

Buying A Home In Woodland Reserve

Selling A Home In Woodland Reserve

Lenexa Kansas fact…
In 2009 Lenexa Kansas was named the #26 best small town in the U.S.
Posted by Jason A. Brown

Turnberry Market Statistics ~ Turnberry Homes For Sale In Overland Park KS

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Checking The Pulse Of The Kansas City Real Estate Market
Turnberry Community Market Stats
Turnberry Is A Subdivision In Overland Park Kansas

Looking over the Turnberry market statistics dating back to December 2008, 9 homes were put on the market and 4 homes were sold over the same year period. The average sales price in Turnberry was $415,375 and sales prices in the community ranged from $344,000 to $580,000.

Comparing the 4 Active listings in Turnberry to the 12-month sales rate in the community, there’s 12 months of inventory currently on the market. This is high and indicative of the difficult seller’s market in the price range. The average current list price of $513,475 is significantly higher than the $415,375 average sales price over the past year in the community. Still, Turnberry is a popular Overland Park Kansas home community and located in the heart of area amenities.

Turnberry In Overland Park Kansas

Turnberry In Overland Park Kansas

Turnberry is located in southern Overland Park Kansas and is served by the Blue Valley School District. Many of the homes in Turnberry were built from the early 1990’s through the late 1990’s.  If you’re considering moving to or from Turnberry or another nearby home community, I’d look forward to assisting you with your local real estate needs.

View Homes For Sale in Turnberry

Buying A Home In Turnberry

Selling A Home In Turnberry

Overland Park fact…
 The city has a population of more than 150,000.
Posted by Jason A. Brown

Verona Gardens Market Statistics ~ Verona Gardens Homes For Sale In Leawood Kansas

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Checking The Pulse Of The Kansas City Real Estate Market
Verona Gardens Community Market Stats
Verona Gardens Is A Subdivision In Leawood KS

Looking over the Verona Gardens market statistics dating back to December 2008, 15 homes were put on the market and 9 homes were sold over the same year period. The average sales price in Verona Gardens was $254,389 and the subdivision saw a price range variance of $179,000 to $323,500.

Comparing the 2 Active listings in Verona Gardens to the 12-month sales rate in the community, there’s 2.7 months of inventory currently on the market. This is excellent, especially in the buyer’s market we’re seeing in Leawood Kansas. The average current list price of $262,200 is just slightly higher than the average sales price ($254,389) seen over the past year in the community. Verona Gardens is a popular Leawood Kansas subdivision and located just minutes from many of Leawood’s parks and shopping amenities.

Verona Gardens In Leawood Kansas

Verona Gardens In Leawood Kansas

Verona Gardens is located in southern Leawood Kansas and is served by the Blue Valley School District. Leawood Kansas was established in 1948 and many of the homes in Verona Gardens were built from the early 1970’s through the early 1980’s.  If you’re considering moving into or away from Verona Gardens, I’d look forward to assisting you with your move.

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Get Help Buying A Verona Gardens Home

Get Help Selling Your Verona Gardens Home

Posted by Jason A. Brown

Nottingham Forest South Market Statistics ~ Nottingham Forest South Homes For Sale In Overland Park Kansas

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Checking The Pulse Of The Kansas City Real Estate Market
Nottingham Forest South Community Market Stats
Nottingham Forest South In Overland Park KS

Looking over the Nottingham Forest South market statistics dating back to November 2008, there were 16 homes listed for sale and there were 17 homes sold during the same period. The average sales price in Nottingham Forest South was $393,145 and sales prices in the subdivision ranged from $300,000 to $545,000.

Comparing the 2 Active listings in Nottingham Forest South to the 12-month sales rate in the community, there’s 1.4 months of inventory currently on the market. This would be excellent even in a seller’s market. The average current list price of $429,925 is just slightly higher than the average sales price seen the past year in the community ($393,145). Nottingham Forest South is a popular Overland Park KS home community and centrally located to Overland Park’s amenities — just a few minutes west of 69 Highway and south of 135th Street.

Nottingham Forest South In Overland Park KS

Nottingham Forest South In Overland Park KS

Nottingham Forest South is located in southern Overland Park Kansas and is served by the Blue Valley School District. Many of the homes in Nottingham Forest South were built from the late 1980’s through the early 1990’s. If you’re considering moving to or from Nottingham Forest South, I would look forward to going over the market statistics and assisting you with your area home purchase or sale.

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Help Buying A Nottingham Forest South Home

Help Selling Your Nottingham Forest South Home

Posted by Jason A. Brown

Leawood Kansas Real Estate Update – November 2009

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Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Leawood Kansas
Recent 15 Days of Leawood KS Market Activity
Type
#
Average $
Avg DOM
Listings Past 15 Days
 30
 $512,989
–
Total Active Listings
 334
–
–
Newest Contracts Written
 12
 $548,860 71
Newest Sold (Closed)
 18
 $365,178 118

* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.

Leawood Kansas

Leawood Kansas

Using the past 15 days of market stats above to figure the absorption rate in Leawood Kansas, there’s 9.3 months of inventory on the market. Absorption rates assume a similar sales rate continuing and a similar amount of listing inventory continuing as well. There is clearly a lot more supply than demand in Leawood as during the past 15 days we saw barely more than 1 sale per day in the entire city. At that rate, it’s going to take a while to eat up the 334 current listings. The days on market of both the Sold homes and the 12 homes that went under contract during the past 15 days is not bad. But right now there’s simply not enough home sales to work off the standing inventory.

If you’re considering selling or buying a Leawood Kansas home, you’ll need more than just 15 days of market stats. You’ll want to see more history and you’ll also want to see stats specific to the area that interests you most. It’s clearly a buyer’s market in Leawood Kansas and it’s important you work with an aggressive Realtor who will put you in the best possible position in your real estate transaction. Please let me know how I can assist you with buying or selling any Leawood property.

View Past Real Estate Stats On Leawood KS

Buyer’s Agents In Leawood KS

Seller’s Agents In Leawood KS

View All Listed Leawood KS Homes

Leawood Kansas fact…
For many years Leawood banned new gas stations and fast food restaurants.
Posted by Jason A. Brown

Falcon Ridge Market Statistics ~ Falcon Ridge Homes For Sale In Lenexa Kansas

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Checking The Pulse Of The Kansas City Real Estate Market
Falcon Ridge Community Market Stats
Falcon Ridge Is A Subdivision In Lenexa Kansas

Looking over the Falcon Ridge market statistics dating back to November 2008, there were 51 homes put on the market and there were 31 homes sold during that time period. The average sales price in Falcon Ridge was $467,930 and subdivision sale’s prices ranged from $320,000 to $845,000.

Comparing the 22 Active listings in Falcon Ridge to the 12-month sales rate in the community, there’s 8.5 months of inventory on the market at this time. This is obviously high and it’s taking longer to sell homes in Falcon Ridge. The average list price is lower than when we last checked but still higher ($585,695) than the average sales price ($467,930) during the past 12 months in the home community. Falcon Ridge is still a popular Johnson County Kansas subdivision and conveniently located to amenities and highway access (K-7 and K-10) and for those wanting to be reasonably close to down town or the airport.

Falcon Ridge In Lenexa Kansas

Falcon Ridge In Lenexa Kansas

Falcon Ridge is located in western Lenexa Kansas and is served by the Olathe School District. Many of the homes in Falcon Ridge were built from the mid 1990’s to 2009, with a few homes in the final phase yet to be occupied. If you are interested buying or selling a Falcon Ridge home, please contact me regarding viewing homes or to discuss your home selling situation.

View Homes For Sale in Falcon Ridge

Get Help Buying A Falcon Ridge Home

Get Help Selling Your Falcon Ridge Home

Posted by Jason A. Brown