Seller’s Real Estate Market Remains Strong In Kansas With A 17.8% Jump In Home Sales

Checking The Pulse Of The Kansas City Real Estate Market


The most recent real estate market stats released by the Kansas Association of Realtors (covering the month of July) show a continued strengthening of the Kansas housing market. Home sales volume increased in July, while home sale prices continued to rise. Home sales were up an astounding 17.8% compared to the prior July and this follows up on last month’s 5.5% jump.

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The stats released the prior month showed Kansas was already in a seller’s market (at 4.3 months of inventory) and this month’s stats show 4.1 months of inventory on the market state-wide. The average home sales price rose 9.3% compared to July of last year and this follows up a 4.9% increase at last month’s check.

In Johnson County Kansas, a seller’s real estate market remains continues with 747 homes sold (closed) during the past month. Factored against the current volume of homes for sale in Johnson County Kansas, there’s 3.2 months of inventory on the market, which indicates a strong seller’s market.


Posted by Jason Brown

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What Is Your Kansas City Real Estate Agent Doing That Sets Them Apart From Other Agents?

Checking The Pulse Of The Kansas City Real Estate Market

There’s a common misperception that all agents are the same and that really couldn’t be more from the truth. When I look around my office I’m amazed sometimes by how DIFFERENT all of us are. I’m different in many ways from some agents and occasionally completely different than some agents. But it’s good that we’re not all the same because not all home buyers are sellers are the same.

Different buyers and sellers have different needs and personalities and it’s important that both find a “good fit” because this isn’t a relationship that ends 5 minutes later. My real estate group is constantly working to make the process easier on our clients and we provide detailed services and exceptional communication throughout the process. It’s my goal to never have a seller ask “what are you doing to market my home?” or have a buyer ask “why haven’t we heard from you the past few weeks?” Instead, we want our clients thinking “my last real estate agent didn’t do that for me!”. One of the ways we leave clients with that feeling is through our use of electronic signatures.

Electronic signatures make the signing of real estate documents take minutes rather than hours. For home buyers it can mean the difference in getting the home they want or losing it to another buyer. Once a buyer decides to make an offer, it’s often a race to get the offer together and into the listing agents hands quickly to avoid losing the home to another buyer. Nearly 50% of agents are now using electronic signatures and those who do are getting contracts processed 80% faster than the old email-print-sign-scan-email back process. So consider the services you will receive during the process, because half of agents are clearly behind the times.   


Posted by Jason Brown

Prairie Village Kansas Real Estate Market Update – December 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Prairie Village Kansas to calculate the city’s absorption rate, we find there’s 3.6 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Prairie Village. The last 12 homes sold (closed) in Prairie Village Kansas were on the market an average of 103 days and had an average sales price of nearly $158,000.

Type # Average $ Avg DOM
Listings Past 15 Days 14 $225,554
Total Active Listings 87
Newest Contracts Written 14 $249,807 72
Sold (closed) Past 15 Days 12 $157,642 103

* 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 average price of the 14 newest listings on the market in Prairie Village is nearly $226,000. If you are considering buying or selling a home in Prairie Village Kansas, my real estate group can help you locate the homes that fit need your needs and complete the real estate transaction. Find more details on selling a Prairie Village Kansas home and with buying a Prairie Village Kansas home. If you have any questions, please contact us for assistance.

Prairie Village Kansas Real Estate Info

Search Prairie Village Kansas Homes For Sale

Additional Local Real Estate Market Stats

Prairie Village Kansas Buyer’s Agents

Prairie Village Kansas Listing Agents


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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More Of The Same For Kansas City Home Sellers As We Head Into Winter

Checking The Pulse Of The Kansas City Real Estate Market

The most recent stats as reported by the Kansas Association of Realtors (KAR) covers October’s real estate market across the state of Kansas.  And it was more of the same as home sales fell more than 35% in October 2010 when compared to October 2009. The actual numbers were a gross drop from 2,949 sales October last year to 1,896 sales this October. In a rare occurence, the Kansas real estate market fared worse than the national real estate market, which saw about a 26% decrease.

The months of inventory on the market has crept up to 11.2 months of inventory. Months of inventory in this case is calculated using the number of October home sales and dividing that into the 21,199 homes that were on the market at the time this report was produced. Average sales prices in October dropped 2.4% in Kansas.

Looking at our local Johnson County Kansas real estate market, we had 421 homes sold in October. This was down significantly from the 829 homes sold in October 2009. Using this October’s sale’s rate and comparing it to the 3,725 homes for sale in Johnson County, there’s 8.9 months of inventory on the market. This clearly indicates a continuation of the buyer’s market in Johnson County Kansas and surrounding areas.


Posted by Jason A. Brown

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