Tag Archives: Real Estate In Overland Park Kansas

Overland Park Kansas real estate update ~ June 2019: Overland Park market stats and home trends

Posted on by

The Jason Brown Group

Overland Park Kansas Real Estate Update

There were 171 homes sold (closed) in Overland Park Kansas the past 15 days. Comparing that sales volume to the 551 homes currently for sale in Overland Park, the city has 1.6 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s market in Overland Park and a continued shortage of available housing supply in the city. The average new listing the past 15 days in Overland Park Kansas came on the market around a $405,000 list price and the average sales price of homes closed during the same time period was nearly $374,000.

Type # Average $ Avg DOM
Listings Past 15 Days 253 $405,338 —
Total Active Listings 551 — —
Newest Contracts Written 183 $369,433 34
Sold (closed) Past 15 Days 171 $373,808 56

* 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 171 homes sold in Overland Park Kansas were on the market an average of 56 days, while the most recent 183 homes to go under contract did so in 34 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 Overland Park Kansas home.

The Jason Brown Group provides expert home seller representation, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. Learn more about how we can help you with selling an Overland Park home or buying an Overland Park home.

We look forward to helping you achieve your real estate goals… Contact Jason Brown today!

View homes for sale in Overland Park

Selling an Overland Park home

Buying an Overland Park home

Overland Park real estate info

View past market stats

Posted by Jason Brown

Overland Park KS real estate update ~ May 2019: Overland Park market stats and home trends

Posted on by

The Jason Brown Group

Overland Park Kansas Real Estate Update

There were 134 homes sold (closed) in Overland Park Kansas the past 15 days. Comparing that sales volume to the 537 homes currently for sale in Overland Park, the city has 2.0 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s market in Overland Park with no signs of any slow down in Overland Park. The average new listing the past 15 days in Overland Park Kansas came on the market around a $413,000 list price and the average sales price of homes closed during the same time period was nearly $347,000.

Type # Average $ Avg DOM
Listings Past 15 Days 263 $412,832 —
Total Active Listings 537 — —
Newest Contracts Written 215 $369,592 41
Sold (closed) Past 15 Days 134 $347,042 43

* 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 134 homes sold in Overland Park Kansas were on the market an average of 43 days, while the most recent 215 homes to go under contract did so in 41 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 Overland park Kansas home.

The Jason Brown Group provides expert home seller representation, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. Learn more about how we can help you with selling an Overland Park home or buying an Overland Park home.

We look forward to helping you achieve your real estate goals… Contact Jason Brown today!

View homes for sale in Overland Park

Selling an Overland Park home

Buying an Overland Park home

Overland Park real estate info

View past market stats

Posted by Jason Brown

Is Now The Right Time To Buy A Home In Kansas City or Johnson County Kansas?

Posted on by

Checking The Pulse Of The Kansas City Real Estate Market

No doubt about it, most of the news we’re hearing on the real estate market is bad news. But here in Kansas City, Johnson County Kansas, Overland Park and the surrounding areas, we’re MUCH better off than many metro area real estate markets. This can be hard to see because even a 5% loss is a big loss — especially on an investment you count on appreciating. But things could be much worse as many cities have lost 10%, 20%, 30% or more of their property values… it’s been reported that property values in Merced California’s have fallen more than 50%. Whether you’ve lost 5% or 50% in property values, at some point the market is going to turn around and those who buy now, in a down market, are likely to make a LOT of equity (i.e. money).


Unfortunately, knowing the perfect time to buy is nearly impossible. We’ll be well into the recovery before you or I know it and before the media is reporting it. That’s why I’m always interested to hear what the “experts” are saying. Consider this… Economist Paul Dales estimates that housing prices are UNDERVALUED by 24%! Whether or not home prices fall next month, anyone with a long-term real estate strategy stands to make huge gains if Dale’s estimate is remotely accurate. Dales goes on to compare the historical relationship between income and home prices housing and finds home prices are as UNDERVALUED as they’ve been since the 1970’s.


Posted by Jason Brown

Add to DeliciousAdd to DiggAdd to FaceBookAdd to Google BookmarkAdd to RedditAdd to StumbleUponAdd to TechnoratiAdd to Twitter

Overland Park KS Real Estate Update – January 2010

Posted on by
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

This is a tricky time of year to be looking at real estate market stats, but using the past 15 days of market stats in the chart below, we can figure the absorption rate in  Overland Park KS to be 12.5 months of inventory on the market. This is very high but keep in mind that very few real estate closings are typically scheduled during the holiday season. We’ll check these stats again in a few weeks and see how much improvement there is. There was good news to be found in the 35 sales we did see, as the average sales price was almost $13,000 higher than the homes that came on the market over the same period. The average days on market (63) of the homes that sold was very reasonable, however the homes that went under contract were on the market about twice that long (131 days).

Type
#
Average $
Avg DOM
Listings Past 15 Days
 52 $247,970
–
Total Active Listings
 880
–
–
Newest Contracts Written
 43 $235,913 131
Newest Sold (Closed)
 35 $261,770 63

* 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.

If you’re considering buying or selling a home in Overland Park Kansas, we’ll want to go over more than just a couple of weeks of market statistics. Let us know more about your specific real estate situation. Doing so will allow us to provide you market statistics relevent to YOUR real estate situation. We look forward to helping you make an informed real estate decision.

View Past Real Estate Stats On Overland Park KS

Buyer’s Agents In Overland Park KS

Seller’s Agents In Overland Park KS

Relocating to Overland Park KS

View All Listed Overland Park KS Homes

Overland Park KS Real Estate

Overland Park KS Real Estate

Overland Park Kansas fact…
Home to Sprint Nextel, YRC Worldwide, Embarq, Applebees & Black & Veatch

Posted by Jason A. Brown