Thursday, November 3, 2016

Real Estate Market Report for the Overland Park Zip Code 66213 - Is it a buyer's, seller's or neutral real estate market?

Real Estate Market Report for the Overland Park Zip Code 66213

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

66213, Overland Park, Overland Park KS


September 2016 is a Seller's market in the Overland Park zip code 66213*


Home For Sale in September 2016: 79 homes.

Up 2.6% compared to the last month
Up 6.8% compared to the last year


Home Listed in September 2016: 43 homes.

Up 16.2% compared to the last month
Up 38.7% compared to the last year


Home Closed in September 2016: 36 homes.

Down 12.2% compared to the last month
Up 71.4% compared to the last year


Home Placed under Contract in September 2016: 14 homes.

Down 61.1% compared to the last month
Down 30% 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 66213*


Average Sold Price per Square Footage in September 2016:$107 

Down 3.6% compared to the last month
Up 9.2% 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 66213*


Average Days on Market in September 2016: 36 

Down 2.7% compared to the last month
Down 5.3% compared to the last year


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


September 2016 is a Seller's market in the Overland Park zip code 66213*


Months of Inventory based on Closed Sales in September 2016: 2.2 

Up 16% compared to the last month
Down 36.9% 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




66213, Overland Park, Overland Park KS