Overland Park real estate – market summary March 23rd, 2010

Overview of Overland Park KS Real Estate Market as of March 23rd, 2010

Because the real estate market in Overland Park KS is so large I am sectioning it into three arbitrary price ranges.

Overland Park Real Estate Executive summary

  • The amount of homes on the market is up just a bit
  • The number of homes selling is slightly down
  • It is spring – historically a busy time
  • The tax credit program expires soon
  • Buyers AND sellers are getting into action

Ready to make YOUR home stand out? Contact Ken Jansen today!

Overland Park KS homes for sale $400,000 or more

  • 251 – Overland Park KS homes for sale $400,000 or more a slight increase since my previous OP KS real estate report
  • 142 – Homes in Overland Park KS sold in last 6 months ($400,000+ asking price) sales are up slightly
  • 23.7 – Average number of homes sold per month in Overland Park KS over the last 6 months
  • 10.6 – Months of Overland Park KS housing inventory based on current supply and recent demand
  • Overland Park KS Real Estate Market is Buyer advantaged based on current supply and recent demand
  • Most often there are significant variations in the above stats based on price range
  • Overland Park KS Real Estate Market prices for sale range start at $400,000 and go to $2,000,000
  • Overland Park KS Real Estate actual sales prices ranged from $385,000 to $1,500,000 in the last 6 months ($400,000+ asking price)
    • Popular subdivisions in the price range include
    • Luxury Subdivisions in the price range include
      • Wolf Valley Ranch
      • The Links at LionsGate
      • Mills Farm
      • Summerwood
      • Town and Country Manor
      • Estates of GlenEagles
      • Rockwood Falls Estates
      • Polo Fields
      • Wilderness Valley

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(all data current as of 1/22/2025)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Does the floor plan matter in the $400K plus price range? Let’s sort out JUST 1.5 story plans. House with a first floor master, or master down, and other bedrooms upstairs in the $400K+ price range.

  • 99- Overland Park KS 1.5 Story Plan homes for sale $400,000 or more – supply is also growing here
  • 44 – Homes in Overland Park KS sold in last 6 months ($400,000+ asking price) unchanged
  • 7.3 – Average number of homes sold per month in Overland Park KS over the last 6 months
  • 13.5 – Months of Overland Park KS housing inventory based on current supply and recent demand – increased
  • Overland Park KS Real Estate Market is Buyer advantaged based on current supply and recent demand
  • Most often there are significant variations in the above stats based on price range
  • So it looks like the change in floor plan only made a slight difference in the relative amount of supply and demand

Overland Park KS homes for sale $200,000 to $400,000

  • 412 – Overland Park KS homes for sale $200,000 to $400,000 – supply is increasing
  • 396 – Homes in Overland Park KS sold in last 6 months ($200,000 to $400,000 asking price) slight drop
  • 66.0 – Average number of homes sold per month in Overland Park KS over the last 6 months
  • 6.2- Months of Overland Park KS housing inventory based on current supply and recent demand
  • Overland Park KS Real Estate Market is Neutral or Balanced based on current supply and recent demand in this price range
  • Most often there are significant variations in the above stats based on price range
  • Overland Park KS Real Estate Market prices for sale range from $200,000 to $399,995 (no surprise there)
  • Overland Park KS Real Estate actual sales prices ranged from $205,000 to $532,000 in the last 6 months ($225,000 to $500,000 asking price). Some homes were selling above asking or list price, most of those were new construction homes in Overland Park where the buyers added items and upgrades to the home prior to closing.

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(all data current as of 1/22/2025)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Overland Park KS homes for sale $200,000 and under

  • 417 – Overland Park KS homes for sale $200,000 and under
  • 486 – approximate number of Homes in Overland Park KS sold in last 6 months ($200,000 and under asking price)
  • 81.0 – approximate average number of homes sold per month in Overland Park KS over the last 6 months
  • 5.1- Months of Overland Park KS housing inventory based on current supply and recent demand
  • Overland Park KS Real Estate Market is Seller Advantaged based on current supply and recent demand in this price range
  • Most often there are significant variations in the above stats based on price range
  • Overland Park KS Real Estate Market prices for sale range $200,000 and under
  • Overland Park KS Real Estate actual sales prices ranged from $200,000 to $42,500 in the last 6 months ($200,000 and under asking price).

Relocating to Greater Kansas City- Overland Park KS offers

  • Central Location in Metro Kansas City
  • Sought after address
  • Eastern Location in Johnson County KS
  • Just minutes to world class shopping, restaurants, and entertainment at the County Club Plaza
  • Quick drive to downtown Kansas City
  • Easy access to Highways
  • Overland Park has great shopping, entertainment, and restaurants
  • Accessible to Downtown Kansas City
  • Close enough to Country Club Plaza to go every weekend

Make the smart move. Contact me.