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Reality Check : Johnson County Home Report August 2007

By
Real Estate Agent with Mike Russell Real Estate Group SP00225692 Kansas

Do you find that whenever you turn on the television or ope the newspaper that there is yet another doom and upgloom story about the housing market? While it may not be the most opportune time to sell a home in Miami or Phoenix, Johnson County remains a stable, saleable market. National Trends have no bearing on the sale of homes in a local market. Many would be seller are hesitant because they are hearing it is a buyer's market. The statistics for Johnson County simply don't bear this out. The existing supply for home here is 5.7 months. A balanced market for home sellers and buyers is defined as a 6 month available home supply. Our supply tilts slightly toward the seller. June 2007 marked the highest num ber of existing homes sold since June 2006. The average selling price for an existing home in Johnson County is $247,549, which is up slightly from a year ago. The bottom line is now is a prime time to put your house on the market! Waiting until winter with a wait and see attitude will not allow you to captitalize on the momentum of the market!

(Data supplied by the Kansas City Regional Association of Realtors)

 

The Russell Home Team prides itself on being your Johnson County Real Estate experts! Visit our website www.WeSelljoco.com to find your Johnson County Dream Home. Whether you are looking for Overland Park, Olathe, Leawood or any of Johnson Counties fine communities, you will find it here. Do you want a personal tour? Give Michael or Tracy a call, let us show you why Johnson County is such a great place to call home.

Russell Home Team

Michael & Tracy Russell

913-681-1383

www.WeSelljoco.com

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 Mike Russell is a REALTOR with Keller Williams Realty. Mike specializes in Johnson County Kansas Homes and Real Estate for sale. Mike is a tech savvy realtor with over 20years experience. Did you enjoy Mike's Blog? Feel free to subscribe or join Mike on his Social Network to stay up to date on Overland Park, Olathe, Leawood, Lenexa, Shawnee and all of Johnson Counties real estate news and more...

Mike Russell Real Estate Group can be reached at 913-266-5828 or MRussell@KW.com  or www.SearchjocoHomes.com

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