Overland Park Real Estate Market Report for Zip Code 66221
Is it a buyer's, seller's or neutral market?
September 2016 is a Neutral market in the Overland Park zip code 66221*
Home For Sale in September 2016: 199 units.
| • | Up 3.6% compared to the last month |
| • | 0% compared to the last year |
Home Listed in September 2016: 67 units.
| • | Up 31.4% compared to the last month |
| • | Up 11.7% compared to the last year |
Home Closed in September 2016: 43 units.
| • | Down 23.2% compared to the last month |
| • | Up 26.5% compared to the last year |
Home Placed under Contract in September 2016: 33 units.
| • | Down 21.4% compared to the last month |
| • | Down 5.7% compared to the last year |
*Buyer's market: more than 6 months of inventory based on closed sales
Seller's market: less than 3 months of inventory based on closed sales
Neutral market: 3 - 6 months of inventory based on closed sales
September 2016 Average Sold Price per Square Footage is Neutral in the Overland Park zip code 66221*
Average Sold Price per Square Footage in September 2016:$140
| • | Up 2.2% compared to the last month |
| • | Down 2.8% compared to the last year |
*Based on 6 month trend - Appreciating/Depreciating/Neutral
September 2016 Average Days on Market trend Remains Steady in the Overland Park zip code 66221*
Average Days on Market in September 2016: 128
| • | Up 34.7% compared to the last month |
| • | Up 146.2% compared to the last year |
*Based on 6 month trend - Rising/Falling/Remains Steady
September 2016 is a Neutral market in the Overland Park zip code 66221*
Months of Inventory based on Closed Sales in September 2016: 4.6
| • | Up 35% compared to the last month |
| • | Down 22.2% compared to the last year |
*Buyer's market: more than 6 months of inventory based on closed sales
Seller's market: less than 3 months of inventory based on closed sales
Neutral market: 3 - 6 months of inventory based on closed sales
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