Tag Archives: Overland Park Realtors

Kansas Home Sale Prices Jump 19.6% On A Reduced Sales Volume

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Checking The Pulse Of The Kansas City Real Estate Market


The latest market stats from the Kansas Association of Realtors for the month April shows home sales fell 0.4% state-wide compared to April of last year. This decrease in home sales follows up a 13.1 fall in last month’s update. A low volume of available housing inventory is a main contributor to the lower volume of home sales we’re experiencing.

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Overall in the state of Kansas, we have moved backed into a slight seller’s market with 4.6 months of inventory currently for sale. This is down from the 5.4 months of inventory at last month’s update. Along with the current seller’s market was a huge jump in home sales price with the average sales price up 19.6% compared to April of last year. This rise follows up last month’s 2.0% rise in home sale prices.

Locally in Johnson County Kansas, a seller’s real estate market continues with 891 homes sold (closed) during the past 30 days. Compared to the current volume of homes for sale in Johnson County Kansas, we have 2.4 months of inventory currently for sale in Johnson County. This amount of inventory represents a firm seller’s market.

CONTACT THE JASON BROWN GROUP ABOUT BUYING OR SELLING A HOME IN KANSAS CITY, JOHNSON COUNTY KS, OVERLAND PARK OR THE SURROUNDING AREA


Posted by Jason Brown

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Home Sale Prices In Kansas On The Rise With Supply Of Homes Not Satisfying Home Buyer Demand

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Checking The Pulse Of The Kansas City Real Estate Market


The latest market stats from the Kansas Association of Realtors for the month February, shows home sales fell 2.5% state-wide. This fall was related to a shortage of available housing and not due to lessening demand. This decrease follows up a 3.8% rise in the volume of homes sales at our last monthly market update.

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Overall in the state of Kansas, we remain in a balanced real estate market based on the 6.5 months of inventory currently for sale. This is up slightly from the 6.4 months of inventory at last month’s update. Despite the balanced real estate market, home prices in Kansas continue rising and were up 5.8%. This follows up a 2.6% rise in sales prices at our market update last month.

Locally in Johnson County Kansas, a seller’s real estate market continues with 596 homes sold (closed) during the past 30 days. Compared to the current volume of homes for sale in Johnson County Kansas, we have 3.2 months of inventory currently for sale in the county.

CONTACT THE JASON BROWN GROUP ABOUT BUYING OR SELLING A HOME IN KANSAS CITY, JOHNSON COUNTY KS, OVERLAND PARK OR THE SURROUNDING AREA


Posted by Jason Brown

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Overland Park Kansas Real Estate Market Update – March 2014 Update

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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 54 homes sold in Overland Park Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.9 months of inventory on the market. This amount of inventory indicates a very slight seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $309,000, while the average sales price during the same time period was around $221,000.

Type # Average $ Avg DOM
Listings Past 15 Days 175 $309,402 —
Total Active Listings 525 — —
Newest Contracts Written 140 $285,259 77
Sold (closed) Past 15 Days 54 $221,411 62

* 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 54 homes sold in Overland Park Kansas were on the market an average of 62 days, while the last 140 homes to go under contract were on the market an average 77 days. We can assist you with buying or selling a home in Overland Park, so please contact us so we can help evaluate your real estate options. 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.

Overland Park Kansas Real Estate Information

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Overland Park Kansas Real Estate Market Update – October 2013 Update

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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 81 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 $290,000, while the average sales price during the same time period was around $274,000.

Type # Average $ Avg DOM
Listings Past 15 Days 129 $289,694 —
Total Active Listings 615 — —
Newest Contracts Written 109 $292,281 59
Sold (closed) Past 15 Days 81 $274,295 63

* 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 81 homes sold in Overland Park were on the market an average of 63 days, while the last 109 homes to go under contract did so in 59 days on average. We can assist you with buying or selling a home in the Overland Park Kansas area, so please contact us for assistance. 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.

Overland Park Kansas Real Estate Information

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Kansas and Missouri Are 2 Of The Top 5 States For Lowest Mortgage Closing Costs

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Checking The Pulse Of The Kansas City Real Estate Market

Interest rates are still at historical lows, the market in the metro area is as solid as it’s been in nearly decade and there’s yet another reason to buy a home in Kansas City, Johnson County KS, Overland Park and the surrounding area… Mortgage loan closing costs associated with home purchases in the metro area are some of the lowest in the country.

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Bankrate.com has published the results of its 2013 survey on closing costs by state, looking for which states had the lowest fees for items such as loan origination charges, credit report charges, etc. Kansas and Missouri were two of the top 5 states in the country, with Missouri coming in 2nd at an average of $2,188 per transaction and Kansas coming in 3rd at $2,193 per transaction. The national average was $2,402 in closing costs and Wisconsin had the lowest closing costs at $2,119. 


Posted by Jason Brown

Overland Park Kansas Real Estate Market Update – July 2013 Update

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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 146 homes sold in Overland Park over the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.1 months of inventory on the market. 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 $298,000, while the average sales price during the same time period was around $287,000.

Type # Average $ Avg DOM
Listings Past 15 Days 182 $297,855 —
Total Active Listings 613 — —
Newest Contracts Written 161 $275,677 62
Sold (closed) Past 15 Days 146 $286,709 60

* 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 146 homes sold in Overland Park were on the market an average of 60 days. We can assist you with buying or selling a home in Overland Park, so please contact us with any real estate questions you may have. You can also find detailed information on our website regarding selling an Overland Park Kansas home and with buying an Overland Park Kansas home.

Overland Park Kansas Real Estate Information

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Listing Agents In Overland Park Kansas

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Posted by Jason Brown

 

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

Overland Park Kansas Real Estate Market Update – June 2013 Update

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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

Search All Overland Park Kansas MLS Listing

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Listing Agents In Overland Park Kansas

Buyer’s Agents In Overland Park Kansas

Posted by Jason Brown

 

Overland Park Kansas Real Estate Market Update – March 2013 Update

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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 Overland Park, we find there’s 3.2 months of inventory in the city. This amount of inventory indicates a clear seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $249,000, while the average sales price during the same period was around $256,000.

Type # Average $ Avg DOM
Listings Past 15 Days 179 $291,065 —
Total Active Listings 549 — —
Newest Contracts Written 183 $256,223 66
Sold (closed) Past 15 Days 85 $249,395 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.

The last 85 homes sold (closed) in Overland Park were on the market an average of 84 days. If you’re looking to buy or sell a home in Overland Park, let us know the area of Overland Park that most interests you so we can send you market stats relevant to your home purchase or sale. You can also find more details on our website regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

Overland Park Kansas Real Estate Information

Search All Overland Park Kansas MLS Listing

View More Local Market Stats

Listing Agents In Overland Park Kansas

Buyer’s Agents In Overland Park Kansas

Posted by Jason Brown

 

Overland Park Kansas Makes Top 10 List Of “Small” Cities In The U.S.

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For the fourth time in the last 7 years, the city of Overland Park Kansas is ranked in the top 10 of Money Magazine’s list of America’s Best Small Cities. The list has become an annual gauge of the hottest cities to work, live and raise a family. The list is a compilation of U.S cities with features including “strong job opportunities, great schools, low crime, quality health care, and plenty to do…” 

Overland Park came in 9th in the 2012 top 100 poll, following up on past top 10 finishes in 2006, 2008 and 2010. The list considered cities with populations in the 50,000 to 300,000 range (Overland Park has an estimated population of 175,000). The poll notes Overland Park residents “rave about their friendly neighbors” and that the city features large national employers in additional to having “a half-dozen mid-size firms move to town in the past year”.


Posted by Jason Brown

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