Real estate update for Overland Park Kansas ~ November 2021

The Jason Brown Group

Overland Park Kansas Real Estate Update

There were 98 homes sold (closed) in Overland Park Kansas the past 15 days. Comparing that sales volume to the 220 homes currently for sale in Overland Park, the city has 1.1 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s market in Overland Park and not enough inventory to meet home buyer demand. The average new listing the past 15 days in Overland Park Kansas came on the market in the $400’s price range, while the average sales price of homes closed during the same time period was in the $420’s.

Type # Average $ Avg DOM
Listings Past 15 Days 138 $402,958
Total Active Listings 220
Newest Contracts Written 157 $448,148 19
Sold (closed) Past 15 Days 98 $429,604 12

* 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 98 homes sold in Overland Park Kansas were on the market an average of 12 days, while the most recent 157 homes to go under contract did so in 19 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling an Overland Park Kansas home.

The Jason Brown Group provides expert home seller representation, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. Learn more about how we can help you with selling an Overland Park home or buying an Overland Park home.

We look forward to helping you achieve your real estate goals… Contact Jason Brown today!

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Posted by Jason Brown

Overland Park Kansas Real Estate Market Stats – May 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 3.8 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Overland Park. The average sales price the past 15 days was about $255,000 and the average new listing came on the market at just over $279,000. The last 106 home sold (closed) in Overland Park were on the market an average of 84 days. That’s quick and shows the Overland Park real estate market remains very stable.

Type # Average $ Avg DOM
Listings Past 15 Days 164 $279,302
Total Active Listings 810
Newest Contracts Written 169 $255,708 69
Sold (closed) Past 15 Days 106 $255,423 84

* 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.

Even more impressive than the 106 homes closed the past 15 days is the 169 homes that went under contract during the same time period. That’s eating up a ton of inventory and if that sales pace continues we could be headed towards a buyer’s market in the Overland Park area. We help Overland Park Kansas home buyers and home sellers and if you’re considering purchasing or selling a home the Overland Park area, my real estate group looks forward to assisting you. Get more details about selling an Overland Park Kansas home and buying an Overland Park Kansas home. If you have specific questions, please contact my group for assistance.

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Posted by Jason Brown

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