Thursday, October 6, 2016

Real Estate Stats for Overland Park, KS - Is it a good time to buy or sell?

Real Estate Stats for Overland Park, KS

Is it a good time to buy or sell?

  • The number of homes for sale dropped 3.8% from last year. (This is good news if you want to sell)
  • The number of homes listed for sale increased 13.6% from last month..
  • The number of homes sold and closed is down 22.3% from last month and is up 3% from last year.
  • The number of home that went under contract is down 39.7% from last month and down 35.5% from last year. 
  • The average sold price is up .6% from last year.
  • The months of inventory based on homes sold and closed is down 6.9% from last year.

Thinking of selling your home in Overland Park, KS? Real estate is local and whether it is a good time to buy or sell may depend on your local neighborhood. I have seen one subdivision that was great to sell while across the street in another subdivision it was great to buy. Contact Chris for a personalized analysis.


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