Overland Park Kansas, suburban Kansas City, Real Estate Market Update September 7th, 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 September 7th, 2009 there are 118 Overland Park homes listed for sale in suburban Kansas City in Johnson County with an asking price of $125,000 or less. Since May 1st, 2009 102 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 September 7th, 2009 there are 223 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 May 1st, 2009 356 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 a home to sell in Overland Park 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 September 7th, 2009 there are 205 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 May 1st, 2009 252 homes have sold in Overland Park, KS between $200,000 and $275,000. 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 September 7th, 2009 there are 145 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 May 1st, 2009 148 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 September 7th, 2009 there are 161 Overland Park homes listed for sale in Overland Park Kansas, suburban Kansas City in Johnson County listed at $350,000 to $500,000. Since May 1st, 2009 131 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 September 7th, 2009 there are 139 homes listed for sale in Overland Park Kansas, suburban Kansas City in Johnson County listed at $500,000 to $7500,000. Since May 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 September 7th, 2009 inventory includes 71 upscale Overland Park homes listed for sale in suburban Kansas City in Johnson County listed at $750,000 or more. Since May 1st, 2009 21 Luxury homes in Overland Park sold in 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.
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
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Hello Ken,
I am overwhelmed by the amount of listings in your area. Good luck selling a few of them yourself! Have a great day!
Mary