Friday, November 4, 2016

Real Estate Market Report for the Overland Park Zip Code 66210 - Is it a buyer's, seller's or neutral real estate market?

Real Estate Market Report for the Overland Park Zip Code 66210


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

66210, Overland Park, Overland Park KS

September 2016 is a Seller's market in the Overland Park zip code 66210*

Home For Sale in September 2016: 37 homes.
Down 2.6% compared to the last month
Down 30.2% compared to the last year

Home Listed in September 2016: 31 homes.
Up 29.2% compared to the last month
Up 3.3% compared to the last year

Home Closed in September 2016: 26 homes.
Down 16.1% compared to the last month
Down 16.1% compared to the last year

Home Placed under Contract in September 2016: 12 homes.
Down 50% compared to the last month
Down 63.6% 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 66210*

Average Sold Price per Square Footage in September 2016:$105 
Up 10.5% compared to the last month
Up 2.9% 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 66210*

Average Days on Market in September 2016: 17 
Down 5.6% compared to the last month
Down 43.3% 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 66210*

Months of Inventory based on Closed Sales in September 2016: 1.4 
Up 16.3% compared to the last month
Down 17.5% 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



66210, Overland Park, Overland Park KS