Overland Park Kansas Real Estate Market – July 2014 Update

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 144 homes sold in Overland Park Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.5 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $297,000, while the average sales price during the same time period was around $328,000.

Type # Average $ Avg DOM
Listings Past 15 Days 199 $297,136
Total Active Listings 720
Newest Contracts Written 160 $264,475 45
Sold (closed) Past 15 Days 144 $328,065 50

* 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 144 homes sold in Overland Park Kansas were on the market an average of 50 days, while the 160 homes to go under contract during the same time period did so in 45 days on average. We can assist you with buying or selling a home in Overland Park Kansas, so please contact The Jason Brown Group with all of your Overland Park 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.

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Posted by Jason Brown

 

Overland Park Kansas Real Estate Market – June 2014 Update

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 147 homes sold in Overland Park the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.3 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park Kansas. The average new listing the past 15 days came on the market around $333,000, while the average sales price during the same time period was around $298,000.

Type # Average $ Avg DOM
Listings Past 15 Days 212 $333,029
Total Active Listings 678
Newest Contracts Written 180 $306,184 43
Sold (closed) Past 15 Days 147 $298,422 68

* 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 147 homes sold in Overland Park were on the market an average of 68 days, while the 180 homes to go under contract during the same time period did so in 43 days on average. We can assist you with buying or selling a home in Overland Park, so please contact The Jason Brown Group with all of your Overland Park Kansas real estate questions. 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

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Overland Park Kansas Real Estate Market Update – May 2014 Breakdown

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 103 homes sold in Overland Park the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.0 months of inventory on the market. This amount of inventory indicates a continued seller’s real estate market in the city of Overland Park Kansas. The average new listing the past 15 days came on the market around $322,000, while the average sales price during the same time period was around $297,000.

Type # Average $ Avg DOM
Listings Past 15 Days 236 $321,870
Total Active Listings 617
Newest Contracts Written 185 $291,888 59
Sold (closed) Past 15 Days 103 $296,501 61

* 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 103 homes sold in Overland Park Kansas were on the market an average of 61 days, while the 185 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 Overland Park, so please contact The Jason Brown Group with all of your Overland Park Kansas real estate questions. 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

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Overland Park Kansas Real Estate Market Update – April 2014 Update

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 74 homes sold in Overland Park Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.5 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park Kansas. The average new listing the past 15 days came on the market around $321,000, while the average sales price during the same time period was around $271,000.

Type # Average $ Avg DOM
Listings Past 15 Days 187 $321,338
Total Active Listings 520
Newest Contracts Written 189 $278,691 66
Sold (closed) Past 15 Days 74 $270,653 65

* 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 74 homes sold in Overland Park were on the market an average of 65 days and the last 189 homes to go under contract were on the market 66 days on average. The Jason Brown Group can assist you with buying or selling a home in Overland Park Kansas, so please contact us with any questions you have. You can also start the process by finding detailed real estate information on our site regarding selling an Overland Park Kansas home or buying an Overland Park Kansas home.

Overland Park Kansas Real Estate Information

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Overland Park Kansas Real Estate Market Update – December 2013 Update

Checking 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 69 homes sold in Overland Park the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.8 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $334,000, while the average sales price during the same time period was around $238,000.

Type # Average $ Avg DOM
Listings Past 15 Days 72 $333,722
Total Active Listings 527
Newest Contracts Written 65 $258,024 87
Sold (closed) Past 15 Days 69 $237,750 71

* 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 69 homes sold in Overland Park Kansas were on the market an average of 71 days, while the last 65 homes to go under contract did so in 87 days on average. We can assist you with buying or selling a home in Overland Park Kansas or the surrounding area, so please contact us with any questions you have about real estate in the area. You can also start the process by finding detailed real estate information on our site regarding selling an Overland Park Kansas home and with buying an Overland Park Kansas home.

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Kansas Real Estate Market Remains Solid As We Head Into The Holiday Season

Checking The Pulse Of The Kansas City Real Estate Market


The recently released Kansas Association of Realtor real estate market stats (covering October home sales activity) show a continued strengthening of the housing market in Kansas. Compared to last October, home sales volume increased 3.5%. This follows up last month’s 15.5% increase in home sales volume.

Photo 1552

The state of Kansas is in a balanced real estate market for the second month in a row with 5.5 months of inventory on the market. This is up from the 5.3 months of inventory last month month. The average home sale price in Kansas rose 8.4% in comparison to October of last year and this matches last month’s 8.4% increase. Home sales volume has increased every month-over-month for more than two years. 

Locally in the Johnson County Kansas, a seller’s real estate market continues with 739 homes sold (closed) during the past month. Factored against the current volume of homes for sale in Johnson County Kansas, there’s 3.0 months of inventory currently for sale. This amount of inventory indicates the presence of a strong seller’s market as we head into the holiday season.

SEARCH HOMES FOR SALE IN KANSAS CITY, JOHNSON COUNTY KS AND THE SURROUNDING AREAS


Posted by Jason Brown

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Seller’s Real Estate Market Gaining Steam In Johnson County Kansas And State-Wide

Checking The Pulse Of The Kansas City Real Estate Market


The most recently released Kansas Association of Realtors real estate market stats (covering June) show a continued strengthening of the Kansas housing market. Both home sales volume and home sales price continued to rise in June. Home sales increased 5.5% compared during the month, which follows up a 14.2% jump in home sales the prior month.

Sel

The stats released a month ago showed the state of Kansas had moved into a sellers market for the first time since the market downturn years ago (with 4.0 months of inventory on the market). This update shows a continued solid seller’s market in Kansas with 4.3 months of inventory currently for sale. Home sales price rose 4.9% compared to June of last year and that follows up a 9.5% increase at last month’s update.

The Johnson County Kansas seller’s real estate market also continues with 975 homes sold (closed) the past month. Factored against the current volume of homes for sale in Johnson County Kansas, there’s 2.4 months of inventory on the market. At last month’s check Johnson County KS had 2.6 months of inventory, thus indicating a further strengthening of the seller’s market present in Johnson County Kansas.


Posted by Jason Brown

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

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.

Photo 1562

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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Overland Park Kansas Real Estate Market Update – June 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Comparing the past 15 days of real estate sales activity in Overland Park Kansas to the current volume of homes for sale in the city, we find there’s 1.9 months of inventory. 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 $297,000, while the average sales price during the same period was around $270,000.

Type # Average $ Avg DOM
Listings Past 15 Days 242 $297,275
Total Active Listings 599
Newest Contracts Written 192 $263,134 50
Sold (closed) Past 15 Days 156 $270,239 61

* 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 156 homes sold in Overland Park Kansas were on the market an average of 61 days. If you’re considering buying or selling a home in Overland Park, Kansas, we can help you through the process. Please contact us with any real estate questions you may have and you can start the real estate process by finding a wealth of real estate info on our site regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

Overland Park Kansas Real Estate Information

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Posted by Jason Brown

 

Overland Park Kansas Real Estate Market Update – May 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Looking at the past 15 days of real estate sales activity in the city of Overland Park Kansas and comparing it to the current volume of homes for sale in the city, calculates to 2.9 months of inventory for sale. This amount of inventory indicates a solid seller’s real estate market in the city of Overland Park. The average sales price the past 15 days was nearly $277,000, while the average new listing came on the market around $287,000 during the same time period.

Type # Average $ Avg DOM
Listings Past 15 Days 201 $287,027
Total Active Listings 562
Newest Contracts Written 184 $276,072 54
Sold (closed) Past 15 Days 96 $276,560 71

* 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 96 homes sold in Overland Park were on the market an average of 71 days. We look forward to assisting you with buying or selling a home anywhere in the Overland Park area, so please contact us with any questions you may have. You can also find detailed real estate information on our website regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

Overland Park Kansas Real Estate Information

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Posted by Jason Brown