Tuesday, November 8, 2016

Palisade Park Real Estate Market Report - Is it a buyer's, seller's or neutral real estate market?

Palisade Park Real Estate Market Report

Is it a buyer's, seller's or neutral real estate market?

Palisade Park, Palisade Park Olathe, Palisade Park Subdivision, Olathe


September 2016 is a Neutral market in the Palisade Park Subdivison*

Home For Sale in September 2016: 5 units.

Down 16.7% compared to the last month
Up 66.7% compared to the last year

Home Listed in September 2016: 5 units.

Up 400% compared to the last month
Up 66.7% compared to the last year

Home Closed in September 2016: 1 units.

Down 75% compared to the last month
Down 66.7% compared to the last year

Home Placed under Contract in September 2016: 2 units.

Down 33.3% compared to the last month
0% 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 Palisade Park Subdivision*

Average Sold Price per Square Footage in September 2016:$87 

Down 16.3% compared to the last month
Down 10.3% compared to the last year

*Based on 6 month trend - Appreciating/Depreciating/Neutral


September 2016 Average Days on Market trend is Rising in the Palisade Park Subdivision*

Average Days on Market in September 2016: 36 

Up 56.5% compared to the last month
Up 5.9% compared to the last year

*Based on 6 month trend - Rising/Falling/Remains Steady


September 2016 is a Neutral market in the Palisade Park Subdivision*

Months of Inventory based on Closed Sales in September 2016: 5 

Up 233.3% compared to the last month
Up 400% 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




Palisade Park, Palisade Park Olathe, Palisade Park Subdivision, Olathe