Roeland Park Kansas Market Conditions

By
Real Estate Agent with REMAX INFINITY

Roeland Park Housing Market Conditions as of October 13, 2008 Number of homes listed for sale (supply) 62

Number of listed homes sold in the last 6 months (demand) 40

Absorbtion Rate (avg number of houses sold per month) 7

Number of months of Inventory (supply/demand) 9.3

Market Condition: Buyer advantage

With the recent havoc caused by the credit crisis the sales pace in Roeland Park has dropped by half from what is was just 90 days ago. There are more sellers than buyers giving the buyers a distinct advantage.



Location Characteristics: Roeland Park is a suburb of Kansas City. Housing is generally very affordable. Roeland Park is close to the Plaza for upscale shopping and Dining. Roeland is a Tree City, USA. With a population of just over 7200 according to the 2000 census, Roeland Park is one of the smaller suburban areas.

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Contact information has been updated below

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Ken Jansen

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