Tuesday, July 15, 2008

Leawood KS Real Estate Market update July 15, 2008

Leawood KS Real Estate Market update July 15, 2008

Leawood, KS Real Estate Market Conditions

Leawood had 195 homes sell and close in the last 6 months, counting all homes and price ranges, including existing homes and new construction. There are 370 Single family homes listed for sale in Leawood.

Upper Bracket Homes in Leawood

Upper Bracket Homes in Leawood accounted for 58 of the recent six month sales, based upon most recent listing price. There are 194 homes listed for sales in the $500,000+ range, which means the market is still overcrowded in that range with a roughly 20 month supply of homes. Seller's should review their house's condition and curb appeal. If you have been on the market more than 30 days, talk with your agent about how the house could be presented better. If you don't need to sell, this may not be the ideal time to test the market.

Leawood Homes $200,000 and under

Leawood Homes $200,000 and under are very rare and are selling well, accounting for only 7 of the last 6 monts sales/closings. There are just 2 homes listed for sale at $200,000 or less price. Selling at an average pace of 1 home per month, there is just under a 2 month supply of homes in Leawood in this price range, a strong Seller advantage market price range.

Leawood Homes $200,000 to $500,000

Leawood Homes $200,000 to $500,000 are selling at a decent pace. There have been 130 homes sold in the last 6 months listed in this price range. There are 175 homes listed for sale in this price range. With an 8 months supply of homes, the market is slightly buyer advantaged.
Summary - if you have an upper bracket home, realize the market is soft in your price and adjust your plans accordingly. The lower priced homes are selling well, so as a buyer, you will want to adjust your plans to fit the reality of the market place. It will be the rare seller in the under $200,000 price range who is going to be willing to make many concessions, since the market is strong. If, however, you are interested in buying UP in the down market, now is the time to assess your personal situation. Interest rates are low, upper bracket inventory is high, some sellers are very motivated

How much is your home worth?
Contact information has been updated below

Make the smart move. Contact me.

Overland Park Real Estate Market update July 14, 2008

Overland Park Real Estate Market Conditions

Overland Park had 1051 homes sell and close in the last 6 months, counting all homes and price ranges, including existing homes and new construction. There are 913 Single family homes listed for sale in Overland Park.

Upper Bracket Homes in Overland Park

Upper Bracket Homes in Overland Park accounted for 96 of the recent six month sales, based upon most recent listing price. There are 248 homes listed for sales in the $500,000+ range, which means the market is still overcrowded in that range with a roughly 15 month supply of homes. Seller's should review their house's condition and curb appeal. If you have been on the market more than 30 days, talk with your agent about how the house could be presented better. If you don't need to sell, this may not be the ideal time to test the market.

Overland Park Homes $200,000 and under

Overland Park Homes $200,000 and under are selling well, accounting for 374 of the last 6 monts sales/closings. There are 210 homes listed for sale at $200,000 or less price. Selling at an average pace of 62 homes per month, there is just under a 4 month supply of homes in Overland Park in this price range.

Overland Park Homes $200,000 to $500,000

Overland Park Homes $200,000 to $500,000 are selling well. There have been 576 homes sold in the last 6 months listed in this price range. There are 454 homes listed for sale in this price range. This is closer to a balanced market.

Summary - if you have an upper bracket home, realize the market is soft in your price and adjust your plans accordingly. The lower priced homes are selling well, so as a buyer, you will want to adjust your plans to fit the reality of the market place. It will be the rare seller in the under $200,000 price range who is going to be willing to make many concessions, since the market is strong. If, however, you are interested in buying UP in the down market, now is the time to assess your personal situation. Interest rates are low, upper bracket inventory is high, some sellers are very motivated.

How Much is my Overland Park Home Worth?
Ken@kansascityrealestate411.com
913-908-2215
KansasCityRealEstate411.com
Ken Jansen Broker Associate, Keller Williams Realty Partners, Inc.

Tuesday, July 8, 2008

Woodland Creek Olathe KS Market Update July 8th, 2008

Woodland Creek is a wonderful neighborhood located in Olathe Kansas between 155th Street on the North side, 159th Street on the South Side, Lackman/Blackbob is the Eastern border.

Currently there are 9 Homes Listed for Sale in Woodland Creek, Olathe KS 66062
There have been 11 Homes Sold in Woodland Creek in the last 6 months.

With an absorption rate of almost 2 homes per month there is only a 4.5 months supply of homes for sale in Woodland Creek.

How much is my Woodland Creek home worth in today's market?

Olathe homes listed for sale in Woodland Creek

Woodland Creek was built and developed by Pulte Homes of Greater Kansas City, Inc. The homes in Woodland Creek, as originally built, were all 3 or 4 bedrooms, 2 to 3.5 baths, and 2 or 3 car garages. Some of the garages have 6' extensions on the depth and a few have 10' extensions on the garage - making them excellent for storage, a workshop, boat, etc.
  • Great Reasons to Live in Woodland Creek Meadows or Woodland Creek Estates
  • There are two creeks running through the neighborhood.
  • Woodland Creek is within the award winning Olathe School District
  • Heritage Park, the second largest park in Johnson County is across the street, and includes a 30 acre off-leash fenced dog park, a lake, golf course, soccer fields, picnic cabanas, walking and biking trails, and Shelters
  • Woodland Creek is within walking distance to shopping restaurants, two grocery stores, and now even two Starbucks each less than a mile away (one at 151st and Blackbob and one at the corner of 159th and Murlen in the Price Chopper)
  • Easy access to I-35 and 169 Highway
  • Close to the 119th and Blackbob Shopping and Entertainment District
If you would like more information about Woodland Creek, please give me a call at 913.908.2215 or ken@kansascityrealestate411.com. You can also visit one of my websites at www.KansasCityRealEstate411.com or www.KCSMartMove.com
Thank you,
Ken Jansen

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Tuesday, July 1, 2008

Another Success Story at Keller Williams Realty Partners, Inc.

Keller Williams Realty Partners, Inc. Overland Park Kansas is proud to announce the advancement of Shanan Steere to Operating Principal of the Keller Williams Legacy Partners, Inc. Shanan has been extremely active in the Keller Wiliam's Realty Partners, Inc. Office for four years. Shanan has earned rave revues for her leadership and coaching of the Keller Williams associates. Shanan's advancement is a testament to the Keller Williams culture and demonstrates the myriad career paths someone can choose within the Keller Williams Company.
Personally, I am very happy for Shanan and proud of her advancement. She has been an outstanding team leader. I have known her for a very short 8 months. The time has flown by. Congratulations Shanan!



How much is your home worth?

Contact information has been updated below. I am no longer affiliated with Keller Williams.

Make the smart move. Contact me.

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Married with a wonderful daughter.