Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Overland Park Kansas
Recent 15 Days of Overland Park KS Market Activity
Below are the past 15 days of market stats for real estate in the city of Overland Park Kansas. We can figure the absorption rate using these figures and doing so then tells us there’s currently 4.1 months of inventory in Overland Park. This is much better than we’ve seen in other areas and even in Overland Park recently. The improvement lies in an average of a 264 per month sale pace. Even more impressive is the 190 contracts written over the same period. That is no doubt fueled by the tax credit that ended last week — yet still great to see.
Type |
# |
Average $ |
Avg DOM |
Listings Past 15 Days |
179 |
$283,277 |
– |
Total Active Listings |
1,085 |
– |
– |
Newest Contracts Written |
190 |
$246,181 | 93 |
Newest Sold (Closed) |
132 |
$254,289 | 86 |
* 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.
Home sellers are still pricing their homes higher than what the market is bearing however. The average list price was $283,277, which is about $30,000 higher than the average home sold for over the same period. If you’re considering buying or selling real estate in Overland Park Kansas, we look forward to assisting you. We’ll give you the market stats and representation to make an informed decision. Please let me know when you’re ready for personalized real estate service.
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Posted by Jason A. Brown