Overland Park Real Estate Market Conditions & Reports, Overland Park Market Trends, Kansas

Market Commentary Provided by The Gilkison Group

Report Date

Fall 2009

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The Gilkison Group
Keller Williams Legacy Partners, Inc
Shawnee, Kansas
913-568-3844
Stephanie@StephanieKulp.com
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Nearest Metro Area

Kansas City, KS

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

30-60 Days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$325,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

Single-Family Homes

Buyer Activity for the past 90 days in Overland Park is

Seller Activity for the past 90 days in Overland Park is

Is Financing Available For Qualified Buyers in Overland Park?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

There are many new home communities where builders are running move in specials. Any areas surrounding Corporate Woods. Nottingham by the Green is hot right now.

Reason to Buy/Sell

Other

Average Sold Price

$325,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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