The upper bracket homes in Overland Park comprise over 70 subdivisions. There are some great prices and access to excellent subdivisions and or locations that you might not have been able to financially reach 2-3 years ago. This is the time to buy in Overland Park.

ZIP Codes: 66223, 66209

Approximate Location Boundaries: $500,000+ homes in Overland Park

Location Characteristics: Currently there are 241 homes for sale in Overland Park, KS. There are only 89 homes sold in the last 6 months. This give a with a roughly 15 homes per month absorption rate, it would take 16 months to sell all of the available homes.

A smart seller who does not need to sell, might be wise to take their home off the market right now.

A smart buyer will have a wide variety of homes to look at and choose from. If you are interested in a new home, builders are more likely to negotiate on a home built on speculation instead of a build job from dirt. Builders are also more likely to add value to the home with additional items than with a drop in price.

Resale home sellers who need to sell will likely either be willing to negotiate on the price or the terms. Remember, if the seller has taken the equity out of the home, they may not be able to negotiate too much more, so you might have to wait to talk final price with the bank.

Its a great time to buy UP in Overland Park upper bracket.

Whether you are looking to purchase or sell a home in Overland Park, you should have representation. If you selling - hire a designated Seller Agent. If you are purchasing, hire a designated Buyer agent. A transaction agent represents neither party. Find someone to look out for your best interests!

When you are ready to buy or sell in Overland Park, Leawood, Shawnee, Olathe, Lenexa, or Johnson County in general, please contact me. KenJansen@TopProducer.com. You can visit my website at http://www.kansascityrealestate411.com