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.

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25th Straight Month of Rising Home Sales Volume In Kansas

Checking The Pulse Of The Kansas City Real Estate Market


The recently released Kansas Association of Realtor real estate market stats (covering August home sales activity) show a continued strengthening of the housing market in Kansas. Compared to last August, home sales volume increased 7.2%. This increase follows an even larger 17.8% increase at last month’s real estate check.

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The state of Kansas has been in a seller’s market for several months and there’s 4.5 months of inventory on the market at this check. This is up from the 4.1 months of inventory at last month’s check yet remains a seller’s market. Average home sales prices rose 7.6% compared to August of last year and this follows up an 9.3% increase at our check last month. Kansas has now had 25 straight months of year over year increases in home sales volume.  

In Johnson County Kansas, a seller’s real estate market also continues with 702 homes sold (closed) during the past month. Factored against the current volume of homes for sale in Johnson County Kansas, there’s 3.4 months of inventory on the market for home buyers to consider. This amount of inventory indicates the presence of a strong seller’s market as we head into the winter months.


Posted by Jason Brown

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Prairie Village Kansas Real Estate Market Update – October 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

Using the 18 homes sold in Prairie Village the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.7 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 $415,000, while the average sales price during the same time period was around $291,000.

Type # Average $ Avg DOM
Listings Past 15 Days 22 $414,500
Total Active Listings 98
Newest Contracts Written 25 $236,130 48
Sold (closed) Past 15 Days 18 $290,953 34

* 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 18 homes sold in Prairie Village were on the market an average of 34 days and the last 25 homes to go under contract were on the market an average of 48 days. We can help you assess buying or selling a home in Prairie Village, 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 a Prairie Village Kansas home and with buying a Prairie Village Kansas home.

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Kansas City Real Estate Trends And Lifestyles… July 2013

Checking The Pulse Of The Kansas City Real Estate Market

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Posted by Jason Brown

Statewide Real Estate Market Is Stable, While Johnson County’s Seller Market Strengthens

Checking The Pulse Of The Kansas City Real Estate Market


The Kansas Association of Realtors has released the state’s August real estate market stats and they show continued improvements for housing in both average home sales prices and volume of home sales. Across Kansas, home sales rose 12.3% compared with August 2011. This is another impressive jump that follows up on last month’s 14.1% improvement in numbers of homes sold.

Average sales prices rose 3.8%, following up on last months 3.5% jump. Using the August sales rate compared against the volume of homes for sale at the time the stats were pulled, there’s 5.2 months of inventory on the market. The stats a month ago showed Kansas with 5.3 months of real estate inventory. Kansas has remained firmly in a balanced real estate market the past six months.

The local real estate market here in Johnson County KS is exceptionally strong as home sales have remained firm and there’s been no glut of listings hitting the market in recent months. In August there were 922 homes sold and using that sales rate (compared to the current volume of homes for sale in Johnson County Kansas), there’s 3.0 months of inventory on the market. When we checked last month there was 3.1 months of inventory on the market in Johnson County, both stats indicating a solid home seller’s market in the area.


Posted by Jason Brown

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Newly Released Kansas Real Estate Stats Show Continued Improvement In Sales Prices And Sales Volume

Checking The Pulse Of The Kansas City Real Estate Market


The July real estate market stats for Kansas have been posted by the local association of Realtors and show continued improvements for housing in both volume of home sales and in average sales prices. Across Kansas, home sales rose 14.1% compared with July 2011. This impressive jump follows up on last month’s 8.7% improvement in volume of home sales.

Average sales prices rose 3.5%, following up on last months 6.0% jump. Using July’s sales rate compared against the volume of homes for sale at the time the stats were pulled, there’s 5.3 months of inventory on the market. The stats a month ago showed Kansas with 5.1 months of real estate inventory, both of which represent firmly balanced real estate markets. This makes four months in a row that Kansas has been in a balanced real estate market with stabilized property values.

The local Johnson County Kansas real estate market has remained exceptionally strong. In July there were 939 homes sold. Comparing that sales rate to the current volume of homes for sale in Johnson County Kansas, there’s 3.1 months of inventory on the market.  This is virtually the same as when we checked last month as Johnson County Kansas continues to remain in a seller’s real estate market.  


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.

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Prairie Village Kansas Real Estate Update – May 2011

Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Prairie Village
Recent
15 Days of Prairie Village KS Market Activity

After calculating the absorption rate over the past 15 days in Prairie Village Kansas, we find the city has 5.2 months of inventory currently on the market. This is excellent in our current market and represents a stable amount of inventory in the Prairie Village KS area. The days on market (DOM) for Prairie Village is outpacing the length of time it’s taking to sell homes in most other Kansas City metropolitan areas. Both the homes that sold and those that went under contract the past 15 days did so in less than 4 months time.

Type

#

Average $

Avg DOM

Listings Past 15 Days

34 $224,475

Total Active Listings

175

Newest Contracts Written

15 $185,093 89

Newest Sold (Closed)

17 $256,168 118

* 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.

Sales prices on the closed homes the past 15 days looks solid, with the average home selling for $256,168. The average list the price during this time was $224,475 and provides Prairie Village home buyers with lots of new options to consider. If your real estate goals involve buying or selling a home in Prairie Village Kansas, please contact me for assistance. We look forward to learning about your goals and helping you buy or sell a Prairie Village area home. 

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Posted by Jason A. Brown

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