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6850 College Blvd, Overland Park KS 66211
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Prairie Village KS real estate update for January 2017… See details on the strong Seller’s market & search Prairie Village homes for sale

The Jason Brown Group

Prairie Village KS Real Estate Update

There were 11 homes sold (closed) in Prairie Village Kansas the past 15 days. Comparing this sales rate to the current 34 homes for sale in Prairie Village, the city has 1.6 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s real estate market in Prairie Village. The average new listing the past 15 days in Prairie Village Kansas came on the market around a $696,000 list price, while the average sales price during the same time period was nearly $253,000.

Type # Average $ Avg DOM
Listings Past 15 Days 5 $695,990
Total Active Listings 34
Newest Contracts Written 5 $541,980 15
Sold (closed) Past 15 Days 11 $252,636 47

* 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 11 homes sold in Prairie Village Kansas were on the market an average of 47 days, while the last 5 homes to go under contract did so in 15 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 a Prairie Village Kansas home.

The Jason Brown Group gives Prairie Village home sellers powerful representation and we get the majority of our homes sold in 30 days and for nearly 99% of list price. We represent Prairie Village home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Prairie Village Kansas home or buying a Prairie Village Kansas home and contact us for personal real estate assistance.

Prairie Village Real Estate Information

View All Prairie Village Homes For Sale

Additional Real Estate Market Stats

Prairie Village Listing Agents

Prairie Village Buyer’s Agents

Posted by Jason Brown

 

Prairie Village Kansas Real Estate Market Update – May 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

Prairie Village Kansas Real Estate Update
Recent Real Estate Market Activity In Prairie Village KS

Looking at the past 15 days of real estate sales activity in the city of Prairie Village Kansas and comparing it to the current volume of homes for sale in the city, we find there’s 1.7 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the city of Prairie Village. The average new listing the past 15 days came on the market around $258,000, while the average sales price during the same time period was around $224,000.

Type # Average $ Avg DOM
Listings Past 15 Days 29 $258,019
Total Active Listings 80
Newest Contracts Written 37 $342,286 71
Sold (closed) Past 15 Days 23 $224,243 26

* 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 23 homes sold in Prairie Village Kansas were on the market an average of 26 days. Things are moving briskly in Prairie Village Kansas and we can help you buy or sell an area home. Please contact us with any real estate questions you may have and you can start the process by finding detailed real estate info here on selling a Prairie Village Kansas home and buying a Prairie Village Kansas home.

Prairie Village Kansas Real Estate Information

Search All Prairie Village Kansas MLS Listing

View More Local Market Stats

Listing Agents In Prairie Village Kansas

Buyer’s Agents In Prairie Village Kansas

Posted by Jason Brown

 

Use Our Mapping Feature To Search Homes For Sale Via The Kansas City MLS

Checking The Pulse Of The Kansas City Real Estate Market

Search area homes for sale using mapping features of listings fed from the Kansas City MLS. Locate homes currently for sale in Kansas City, Johnson County Kansas, Overland Park, Olathe, Lenexa, Leawood, Shawnee and the surrounding metro areas! Click the map below to get started…

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Posted by Jason Brown

Prairie Village Kansas Real Estate Market Stats – June 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Prairie Village Kansas
15 Day Glance At The Prairie Village KS Real Estate Market

After calculating the absorption rate over the past 15 days in Prairie Village Kansas, we find the city has 3.1 months of inventory currently on the market. This amount of inventory is considered a seller’s market and things are looking great at this time for Prairie Village Kansas home sellers. The average sales price the past 15 days in Prairie Village was about $189,000 with the average priced new listing coming on the market at nearly $200,000.

Type # Average $ Avg DOM
Listings Past 15 Days 32 $199,750
Total Active Listings 142
Newest Contracts Written 24 $265,059 90
Newest Sold (Closed) 23 $189,387 125

* 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 most recent 24 listings to hit the market in Prairie Village had an average sales price of just over $265,000. The last 15 homes sold in Prairie Village Kansas took an average of 125 days to do so. If you are making plans to buy or sell a home in Prairie Village Kansas, my group looks forward to guiding you through the real estate process. Here’s information on how we can assist you with selling your Prairie Village Kansas home and with buying a Prairie Village Kansas home. Please contact us, we look forward to assisting you!

Prairie Village Kansas Relocation Information

Search Prairie Village Kansas Homes For Sale

View Additional Real Estate Stats On Prairie Village Kansas

Our Prairie Village Kansas Buyer’s Agent Services

Our Prairie Village Kansas Listing Agent Services

Posted by Jason Brown

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Search 20,000+ Homes For Sale In Kansas City, Johnson County KS, Overland Park And The Surrounding Area

Checking The Pulse Of The Kansas City Real Estate Market

Want to search all 20,000+ Kansas City homes for sale? Or do you just want to search the homes for sale in a specific price range, area or with other specific search parameters? You can do all that and, if you choose to, even save your favorites (for free) and come back later to login and view them! You can also set yourself up to receive automatic email updates whenever new homes for sale come on the market in Kansas City, Johnson County Kansas, Overland Park, Olathe, Lenexa, Leawood, Shawnee, Prairie Village and the surrounding areas — and YOU choose the search parameters that will trigger the system to send you an email notification.

Click Here To Start Search Kansas City Homes For Sale


Posted by Jason Brown

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Prairie Village Kansas Real Estate Market Update – January 2012

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Prairie Village Kansas
15 Day Glance At The Prairie Village KS Real Estate Market

After calculating the absorption rate over the past 15 days in Prairie Village Kansas, we find the city has 5.6 months of inventory currently on the market. This amount of inventory is considered a slight buyer’s market. The average sales price the past 15 days was around $177,000, while the average new listing came on the market at nearly $249,000. The last 6 homes to go under contract in Prairie Village did so with an average list price around $231,000.

Type # Average $ Avg DOM
Listings Past 15 Days 12 $248,796
Total Active Listings 124
Newest Contracts Written 6 $231,212 180
Newest Sold (Closed) 11 $177,182 106

* 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 homes that sold (closed) the past 15 days in Prairie Village were on the market an average of 106 days. If you are making plans to buy or sell a home in Prairie Village Kansas, we look forward to providing you the market stats that will help you make an informed real estate decision. Here’s details on how we can assist you with selling your Prairie Village Kansas home or with buying a Prairie Village Kansas home. Please contact us with any questions you may have and we look forward to assisting you.

Prairie Village Kansas Relocation Information

Search Prairie Village Kansas Homes For Sale

View Additional Real Estate Stats On Prairie Village Kansas

Our Prairie Village Kansas Buyer’s Agent Services

Our Prairie Village Kansas Listing Agent Services


Posted by Jason Brown

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Buying A Prairie Village KS Home? Consider A Sewer Line Inspection Or Sewer Warranty

Checking The Pulse Of The Kansas City Real Estate Market

Older homes, like those found in Prairie Village Kansas, are wonderful homes often with lots of character and the appeal of mature tree-lined streets. While these features are precisely what draws many home buyers to the area, older homes on tree line streets are the homes that most often encounter sewer line problems. When buying a home, it’s important for your home inspector to run the sinks and tubs for a long period of time and be sure everything is draining properly in the home. If there’s any slow draining, it’s recommended that a home buyer have a professional company come out and complete a sewer line camera inspection.

Sewer lines don’t last forever and on homes that are 40, 50, 100 years old, someone is eventually going to get stuck with paying for sewer line repairs. And by sewer lines we aren’t just referring to the plumbing inside the home or under the basement concrete floor… We’re talking about the sewer line that runs from the home and through the yard to the street. But the homeowner’s responsibility doesn’t stop there either. Because main sewer lines run on one side of the street or the other, there’s a a 50-50 shot a homeowner’s sewer connects on the OTHER side of the street.  If your sewer line goes bad, imagine the costs involved if the repairs require replacement of the sewer line under the street, tearing up the street, etc. It can happen.

It’s possible that a slow drain can be dealt with by having the lines rootered out or hydrojetted out, but the simple fact that there’s any issues should put a home buyer on notice that more expensive repairs could be coming. A root of a tree may have penetrated the sewer line or maybe the ground has collapsed underground and caused a sewer line connection to separate. Some older sewer lines are made of clay and simply not designed to hold up 100 years. Cleaning out the lines could be a temporary fix and the permanent fix could cost a homeowner thousands of dollars.

To find out what’s truly needed, have an inspection done where a small camera is run through the plumbing lines and out to the main sewer line. If major repairs are required, a good rule of thumb is $100 per foot to repair or replace the damaged pipe. But it could certainly be much more or even less, so be sure to get a couple bids before proceeding. Though I have never recommended this company, here’s a Kansas City sewer repair company with a web site that does a good job of explaining a homeowner’s options. You may be able to re-line the existing sewer line without trenching the yard. If you have to excavate and install a new sewer line, $100 per foot is probably a minimum cost.

Prairie Village Kansas has recently begun promoting to its residents the option of purchasing a Sewer Line Warranty. According to a Kansas City Star article, 12% of Prairie Village residents have already done so. The warranty is provided by a third-party and the current cost of the warranty is $59 per year. If there’s a problem, the warranty company sends out a local plumber and the warranty will pay up to $4000 of repairs to repair a broken line. Should the job require cutting up the street, the warranty would also cover the first $4000 of that portion of the repair.


Posted by Jason Brown

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Prairie Village Kansas Real Estate Update – August 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Prairie Village Kansas
15 Day Glance At The Prairie Village KS Real Estate Market

After calculating the absorption rate over the past 15 days in Prairie Village Kansas, we find the city has 5.8 months of inventory currently on the market. This amount of inventory indicates a slight buyer’s market in the Prairie Village area. The average price of the new listings was around $235,000 and the average price of the homes that sold was closer to $218,000.

Type # Average $ Avg DOM
Listings Past 15 Days 33 $234,623
Total Active Listings 186
Newest Contracts Written 18 $188,139 107
Newest Sold (Closed) 16 $218,098 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.

If you are making plans to buy or sell a home in Prairie Village Kansas, we’ll guide you through the process. Here’s details about how we assist Prairie Village home sellers and Prairie Village home buyers. Please contact us with any questions you may have and we look forward to assisting you!

Prairie Village Kansas Relocation Information

Search Prairie Village Kansas Homes For Sale

View Additional Real Estate Stats On Prairie Village

Our Prairie Village Kansas Buyer’s Agent Services

Our Prairie Village Kansas Listing Agent Services


Posted by Jason Brown

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Prairie Village KS Real Estate Update * Prairie Village Kansas Market Stats

Hands On The Heartland

Checking The Pulse Of The Kansas City Real Estate Market

City of Prairie Village Kansas Real Estate Update

Prairie Village KS Real Estate Market Stats <> 15 Day Stats

Type

#

Average $

Avg DOM

Newest Listings

31

$273,422

View Newest Listings

Total Active Listings

151

Newest Under Contract

24

$250,971*

81

View Newest Under Contract

Newest Solds (Closed)

8

$229,613

91

View Newest Solds

* Average Newest Under Contract 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 a particular category. DOM is Days On Market. Note the date of this post as market stats become outdated. Stats may not be an exact 15 days and stats were pulled in the AM on 5/20/09.

In the city of Prairie Village KS there continues to be more homes coming on the market than homes going under contract (pending) or than homes being sold (closed). This creates a further surplus of supply in Prairie Village Kansas. Using the past 15 days of sold homes to calculate the absorption rate in Prairie Village, there’s almost 9.5 months of inventory on the market. Triple the number of homes went under contract (compared to homes sold) and if we run with the assumption that all those homes will make it to the closing table (they won’t), then the absorption rate is just slightly over 3 months of inventory. If all those homes make it to the closing table that is an impressive figure and things would be looking solid in Prairie Village.

Keep in mind that a 15-day period is a small sampling of Prairie Village Kansas market activity. This information shows what’s going on now in the current real estate market. While a 15-day period could indicate a trend it does not necessarily show a real estate markets long-term trend.

Posted by Jason A. Brown

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