Home Prices in Bel Air Heights Overland Park KS for April 2013
Real estate market data for Bel Air Heights in Overland Park KS provided by Suzanne Hinton of The Hinton Group-ReMax Premier Realty
Bel Air Heights Overland Park KS Home Prices
For April, 2013, we saw 4 home sales for Bel Air Heights. This is the greatest number of home sales for the area in over a year. The home prices in Bel Air Heights Overland Park KS for April 2013 show 4 single family home sales, but I expect the number of sales for the area to increase as long as inventory increases. There are still some great deals on homes in Overland Park, but home prices are increasing. Many of our listings as well as the overall home market inventory are starting to sell as soon as they hit the market and many with multiple offers. Having a good real estate agent that is a hyperlocal agent for the area that you are interested in, is a must. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Overland Park home on which you are making an offer.
Low inventory in Bel Air Heights Overland Park has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
For April 2013, we saw 4 home sales in Bel Air Heights, with 3 of those 4 occuring in a list price of up to $200,000. The median sales price of $178500 for homes listed up to $200,000 and a median sales of price of $215,200 for those homes listed $200,000 to $300,000.
If you are interested in how much current single family inventory is on the market in Bel Air Heights Overland Park KS you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in the neighborhood of Bel Air Heights Overland Park, single family homes have a median time of 71 days on the market before they sell. This is down from the prior month which suggests that homes are selling quicker.
The sale price to list price ratio for 2013 for Bel Air Heights shows that the median home sale prices were 94.4% of the list price. The median sale price for 2013 is the highest for the prior 3 years for Bel Air Heights.
Bel Air Heights Overland Park KS Real Estate Report Summary
The 4 homes sales for April represents the highest number of sales for the area in over a year. This is a great time to put your home on the market with home prices increasing and inventory levels staying low.
The median sale price in April for single family homes was $168,919. The sale prices was $180,000 for the previous month.
Find Homes for Sale in Bel Air Heights Overland Park KS
Visit my website to search homes for sale in Bel Air Heights Overland Park KS or to be notified when Overland Park homes come on the market. Home Prices in Bel Air Heights Overland Park KS for April 2013 continue to show we have an improving home market.
To find out what you home is worth in the current market email me or call me direct 816-520-0917.
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