Overland Park Kansas real estate update for January 2016… View the Seller’s market breakdown & Overland Park homes for sale

The Jason Brown Group

Overland Park KS Real Estate Update

There were 54 homes sold (closed) in Overland Park Kansas the past 15 days. Comparing this sales rate to the current 473 homes for sale in Overland Park, the city has 4.4 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Overland Park. The average new listing the past 15 days in Overland Park Kansas came on the market around a $294,000 list price, while the average sales price during the same time frame was nearly $298,000.

Type # Average $ Avg DOM
Listings Past 15 Days 57 $294,394
Total Active Listings 473
Newest Contracts Written 69 $283,921 65
Sold (closed) Past 15 Days 54 $297,601 93

* 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 54 homes sold in Overland Park Kansas were on the market an average of 93 days, while the last 69 homes to go under contract did so in 65 days on average. We can help you further assess these Overland Park real estate market stats and we look forward to assisting you with buying or selling an Overland Park home.

We give Overland Park home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Overland Park home buyer’s best interests throughout the home buying process and help with locating all the possible area homes that fit our buyer’s needs. Get detailed information on our site regarding selling an Overland Park Kansas home or buying an Overland Park Kansas home and contact us when it’s time to start the real estate process.

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Posted by Jason Brown

 

Overland Park Kansas Real Estate Update – July 2010

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

After figuring the real estate absorption rate over the past 15 days in Overland Park Kansas, we find that there’s 6.4 months of inventory on the market.   This is higher than we’ve seen recently in Overland Park and a pace of 184 sales per month in the city is not enough to eat up the nearly 1200 homes currently for sale. The number of homes that went pending is similar to the number of homes sold (closed) over the same 15-day period and an indication that the sales rate hasn’t picked up in recent weeks.

Type
#
Average $
Avg DOM
Listings Past 15 Days
166 $294,263
Total Active Listings
1,184
Newest Contracts Written
101 $253,341 109
Newest Sold (Closed)
92 $281,283 94

* 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 planning on buying or selling a home in Overland Park Kansas, we’ll provide you expert real estate guidance. Overland Park Kansas has many wonderful communities and price ranges so please let me us know more about your search parameters and needs. We can then use the information to set you up to receive automatic email updates when new listings hit the market.

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Posted by Jason A. Brown