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Overland Park Kansas Real Estate Update * View The Past 15 Days Of Overland Park KS Real Estate Activity

Kansas City Real Estate Thoughts...


City of Overland Park Kansas Real Estate Update - 15 Day Market Glance:

Overland Park KS Real Estate Market Stats

Type

#

Average $

DOM

Newest Listings
(past 15 days)

142

$292,360

-

Click Here To View Listings

Total Active

927

-

-

-

Newest Pending
(past 15 days)

54

$229,482*

77

Click Here To View Pendings

Recently Sold (Closed)
(past 15 days)

105

$257,413

51

Click Here To View Solds

* The average price for the Newest Pending is the price LISTED when home went under contract - actual contract/sales price unknown until post-closing reporting.
Notes: All information contained herein is deemed reliable but not guaranteed. If there is a low sampling of homes in any particular category keep in mind the averages can be easily skewed high or low by one very high or low sale during the past 15 day period. Depending on the time of day the stats were run the 15 day period could vary by as much as a partial day. 

 

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1) In the Subject line please put "Receive subdivision updates".
2) In the Comments section please put the name of your subdivision.
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Once completed you will receive an up front email catching you up with the current market activity in your subdivision. Thereafter you will automatically receive an email updating you whenever (1) a new listing hits the market in your subdivision, (2) the price changes on a currently listed home in your subdivision, (3) the status of a home switches to Pending in your subdivision or (4) when the status of a home switches to Sold (closed) in your subdivision! 
 

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Kansas City Home Sellers Having Trouble Selling Their Homes Need A Plan

Kansas City Real Estate Thoughts...


Kansas City home sellers having trouble selling their home should have a pricing strategy devised and then see that the strategy is executed. A listing agent and a home seller can have the best intentions and spend all their time considering the marketing plan for the home and the condition of the home, but a critical factor that is far too overlooked when making proper pricing decisions is not factoring in the number of "Days On Market".

The number of days it is taking homes to sell in Kansas City and Johnson County Kansas has grown higher but sellers should not become complacent with how long their home is taking to sell. Rather than stressing that it's taking homes in the area 30 days longer to sell than last year at this time, sellers should instead start looking closely at how long their home has been on the market compared to the other area homes currently on the market. Why? Because that's exactly what high production buyer's agents will be doing when advising their buyers on an appropriate offer amount. Sellers can expect homes with a lower than average days on market in the area to receive better offers than homes with higher than average days on market. If a home has been on the market 49 days but the average number of days on the market is 82, then the seller is still ahead of the game - for the time being. But if a seller sits on the pricing of their home they could quickly find themselves behind the average days on market in the area and that often comes back to haunt home sellers with the offers they ultimately receive later on their home.

Kansas City home sellers must remember that the value of their home is not determined by the seller, the listing agent, county tax records, independent appraisals, MLS comparables, the value the seller purchased the home for plus improvements and estimated appreciation, etc. The value of a home is what a ready, willing and able buyer will pay for the home.  So if a home is just sitting on the market - and the home is in great condition and backed by a solid marketing plan - then the logical conclusion is that the home IS overpriced. One of the best things Kansas City home sellers can do is to devise a pricing strategy at the time the home is listed. Decide at what future intervals a price reduction should be implemented and how much of a price reduction would be appropriate. 



Our readers are welcome to comment below...


 


 

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St. Andrews Highlands Real Estate Market Stats <> St. Andrews Highlands Homes For Sale In Overland Park KS

Kansas City Real Estate Thoughts...


St. Andrews Highlands Subdivision Market Statistics
St. Andrews Highlands Is An Overland Park Kansas Home Community

St. Andrews Highlands One Year Summary

Total Listed:18

Off Market Units:8

Sold Units:11

Remaining Units:-1 *
Inventory Accum.:-1.18 **

Min Sold Price:
$214,900

Average Sold Price:
$286,227

Median Sold Price:
$311,000

Max Sold Price:
$352,000


* Remaining Units = (Total Listed) - (Off Market Units + Sold Units)

** Inventory Accumulation (in months) = (Remaining Units)/(Sold Units/Months)

 



© Copyright 1999-2008 Heartland Multiple Listing Service - Information Deemed Reliable but Not Guaranteed.

 

Going back to May 2007 and looking over the past year's market stats in St. Andrews Highland, 18 homes were listed for sale, 11 homes were sold and 8 St. Andrews Highlands homes were taken off of the market. Home prices in St. Andrews Highlands ranged from $214,900 to $311,000 with an average sales price of $286,227. 

If you are considering a move and would like to discuss these market stats and your specific situation, please don't hesitate to contact me. When representing our client's best interests, we dig in deep to analyze past market stats, current market stats, prevalent market conditions and our client's needs.    

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View St. Andrews Highlands Homes For Sale (updated daily)

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Selling Your Home In St. Andrews Highlands

(Other spelling: Saint Andrews Highland, Saint Andrews Highlands, St Andrews Highlands, St Andrew Highlands, St. Andrew's Highlands, Saint Andrews Highlands)
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Market Information Provided By Jason Brown Premier Realty Group




 


 

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Worthington Real Estate Market Stats <> Worthington Homes For Sale In Leawood KS

Kansas City Real Estate Thoughts...


Worthington Subdivision Market Statistic