Overland Park KS 66212 Real Estate Market Report August 2015

Overland Park KS 66212 Real Estate Market Report August 2015

 What was the market trends report for Overland Park KS 66212 for August 2015? Here are the new numbers per Multiple Listing Service for August 2015 Overland Park zip code 66212 Home Market Data and it includes for single family homes the number of Overland Park KS 66212 homes sold, average sales price and average days on market for Overland Park 66212 houses for sale.

Median List Price:  $204,950.  Higher than prior month of $199,280

Median Sold Price:  $190,500.  Remained the same as prior month of $190,750

Average Days on Market Sold (DOM):  35 increased slightly from prior month of  22

List Price per Square Footage for New Listings:  $113 lower than prior month of  $122

In August 2015, there were 26 single family homes that sold in Overland Park KS 66212 per the local Multiple Listing Service reports which was higher than the 16 sold the prior month. 16 of these Overland Park 66212 houses for sale sold in the price range up to $200,000 with the average sales price being $173,607. 7 sales in price range up $200-$300,000 with an average sales price of $221,571, 2 sales in the range of $300-$400,000 with average sales price of $358,750. 1 home sold from the sales price range from $400-500,000 with the sale price of $435,000.

The market trends report for Overland Park KS 66212 show that the homes that sold in the price range up to $200,000, had a sales price average of 99.7% of the original list price with average days on market of 23.  Those homes sold in the price range of $200-$300,000 had a sales price 97.6% to original list price ratio with average days on market of 29.  Homes sold in the price range of $300-$400,000 had an average sales price of 89.9% to list price ratio with average days on market of 97. The remaining sales price to list price ratios and average days on market are included in the infographics above.  

My expectation for the home market for the remainder of 2015 is continued low inventory of homes for sale in Overland Park 66212 as well as other portions of Northeast Johnson County. However, it is reasonable to anticipate that there will be an increase in Buyer demand for Real Estate Overland Park 66212 which will continue to help improve sales growth and home values. 

If you are interested in more information about what I expect the home market conditions will be for Overland Park 66212 or have specific questions about your home's value, I invite you to contact me at 816-520-0917 to discuss and let me share my knowledge of the local market and Real Estate Overland Park 66212.

(information provided in this August 2015 Overland Park 66212 market data is provided by heartland multiple listing service and is not to be considered as guaranteed).