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Overland Park Kansas Real Estate Market Update August 24th, 2009

By
Real Estate Agent with Prime Development Land CO LLC

Overland Park Kansas, suburban Kansas City, Real Estate Market Update August 24th, 2009

Overland Park is a large and growing city in suburban Kansas City Johnson county with quite a variety of homes for sale. Overland Park is consistently rated one of the best cities to live in by Money Magazine and Fortune during their annual surveys.

How many Overland Park Kansas homes are for sale at or under $125,000?

As of August 24th, 2009 there are 113 Overland Park homes listed for sale in suburban Kansas City in Johnson County with an asking price of $125,000 or less. Since April 1st, 2009 121 homes have sold in Overland Park, KS at $125,000 or less. Essentially a neutral market with supply and demand in a decent or average balance

 

How many homes are for sale in Overland Park Kansas with an asking price between $125,000 and $200,000

As of August 24th, 2009 there are 235 homes listed for sale in Overland Park Kansas, suburban Kansas City in Johnson County with an asking price between $125,000 and $200,000. Since April 1st, 2009 375 Overland Park homes have sold at between $125,000 and $200,000. Advantage is to the seller based on supply and demand. This is the current hot price range in Overland Park. If you have questions about Overland Park Real Estate in this price range, you should talk to a real estate professional about whether now is the time to sell.

How many homes are for sale in Overland Park from $200,000 to $275,000?

As of August 24th, 2009 there are 207 homes listed for sale in Overland Park Kansas, suburban Kansas City in Johnson County where the home owner's asking price is between $200,000 to $275,000. Since April 1st, 2009 258 homes have sold in Overland Park, KS between $200,000 and $350,000. Seller advantage at this price point. A lot of demand as buyers are trying to purchase a home with the stimulus package.

How many homes are for sale in Overland Park from $275,000 to $350,000?

As of August 24th, 2009 there are 157 Overland Park homes listed for sale in suburban Kansas City in Johnson County where the home owner's asking price is between $275,000 to $350,000. Since April 1st, 2009 162 homes have sold in Overland Park, KS between $275,000 and $350,000. Seller advantage at this point. Strong demand. Buyers are choosing Overland Park versus other suburbs.

 

How many homes are for sale in Overland Park from $350,000 to $500,000?

As of August 24th, 2009 there are 164 Overland Park homes listed for sale in Overland Park Kansas, suburban Kansas City in Johnson County listed at $350,000 to $500,000. Since April 1st, 2009 116 homes have sold in Overland Park, KS between $350,000 and $500,000. Market balance is in favor of the home buyer as the supply of homes is greater than an average of six months worth of demand for homes. The homes with better presentation such as home staging, effective exposure, cutting edge marketing, which present the best value will be the homes which ultimately sell. Homes and home sellers who ignore this will have their homes sit and linger.

How many homes are for sale in Overland Park from $500,000 to $750,000?

As of August 24th, 2009 there are 141 homes listed for sale in Overland Park Kansas, suburban Kansas City in Johnson County listed at $500,000 to $7500,000. Since April 1st, 2009 57 homes have sold in Overland Park, KS between $500,000 and $750,000. Advantage is to the buyer in this price point based on supply and demand. Existing homes have a great deal of competition from new construction in the price point as well.

 

How many Upper Bracket homes are for sale in Overland Park for $750,000 or more?

The Exceptional Properties or Luxury Homes in Overland Park market as of August 24th, 2009 inventory includes 76 upscale Overland Park homes listed for sale in suburban Kansas City in Johnson County listed at $750,000 or more. Since April 1st, 2009 24 Luxury homes have sold in Overland Park, KS at the $750,000+ price point. With nearly a year and half of inventory at current rate of demand, this price point is a definite buyer's market. Luxury home buyers in this price point may also be considering Leawood KS or Mission Hills KS. A shrewd buyer in the market for good buy on a luxury home can find some outstanding values right now. New homes in Overland Park offer some strong competition on this price range as well.

How much is your Overland Park home worth?

Ken Jansen Broker Associate, CRS, ABR, CLHMS, ePRO, CSP

Keller Williams Realty Partners, Inc. Overland Park KS 66210

Phone 913-908-2215 Fax 913-744-2714

Ken@KenJansenSellsHomes.com

website http://www.KansasCityRealEstate411.com

Quick Search Tools to find a home in Overland Park Kansas:

Homes for sale in Overland Park under $200,000

Homes for sale in Overland Park $199,000 to $300,000

Homes for sale in Overland Park $299,000 to $400,000

Homes for sale in Overland Park $399,000 to $500,000

Homes for sale in Overland Park $499,000 to $600,000

Homes for sale in Overland Park $599,000 to $700,000

Homes for sale in Overland Park $699,000 to $800,000

Homes for sale in Overland Park $799,000 to $900,000

Homes for sale in Overland Park $899,000 to $1,000,000

Homes for sale in Overland Park $999,000 to $1,250,000

Homes for sale in Overland Park $1,245,000 to $1,500,000

Homes for sale in Overland Park $1,500,000+

How much is your home worth?

Contact information has been updated below

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