$400K+ OP KS housing market update 06-22-2010

Overview of Overland Park KS Real Estate Market as of June 22nd,  2010 for the $400,000+ Market

Executive summary

  • The amount of homes on the market is relatively steady
  • The number of homes selling is slightly down
  • It is early summer – historically a busy time
  • Buyers AND sellers are getting into action

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

  • 253 – Overland Park KS homes for sale $400,000 or more a slight decrease since my last report
  • 160 – Homes in Overland Park KS sold in last 6 months ($400,000+ asking price) sales are steady
  • 26.7 – Average number of homes sold per month in Overland Park KS over the last 6 months
  • 9.5 – Months of Overland Park KS housing inventory based on current supply and recent demand
  • Overland Park KS Real Estate Market in the $400K+ price range 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 $2,600,000 – thanks in part to the recent addition of Wolf Valley Ranch to the City of Overland Park
  • 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 this price range include
    • Luxury Subdivisions in the price range include

Does the floor plan change the buyer/seller market 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.

  • 111- Overland Park KS 1.5 Story Plan homes for sale $400,000 or more – supply is steady
  • 59 – Homes in Overland Park KS sold in last 6 months ($400,000+ asking price)
  • 9.9 – Average number of homes sold per month in Overland Park KS over the last 6 months
  • 11.3 – 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 DOES make a difference in the relative amount of supply and demand

 

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

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