Prairie Village KS Homes for Sale Real Estate Market update in Johnson County, suburban Kansas City, February 20th, 2010
Prairie Village Real Esate Market at a glance: 152 Prairie Village KS Homes for sale. 191 Prairie Village Homes for sale in the last 6 months. 4.7 months of inventory based on last six months of demand. Advantage, in general, is to the home Seller. The differences will occur in particular price ranges.
As of February 20th, 2010 there are 99 Prairie Village KS homes listed for sale in suburban Kansas City Johnson County with an asking price at $250,000 or less. Since August 20th, 2009 156 Prairie Village KS homes have sold in at $250,000 or less. The $8K home buyer credit obviously had a big impact on that number. A seller advantage in the under 250K range exists in Prairie Village at the moment, not that every house is in a bidding war or anything like that, just that demand is greater than the average supply. Buyers in this price range may also be considering homes in Olathe KS if they want to live in more southern Johnson or Fairway KS if they like the northern portion of Johnson County.
As of February 20th, 2010 there are 26 homes listed for sale in Prairie Village Kansas, suburban Kansas City in Johnson County with an asking price between $250,000 to $450,000. Since August 20th, 2009 26 homes have sold in Prairie Village, KS between $250,000 and $450,000. Neutral Housing market between $250K and $450K. The housing tax credit has increased demand in this price range, though we will have to wait and see what the extension of the credit will do. Prairie Village continues to exhibit a strong draw to buyers willing to trade a an older home to gain Prairie Village's mature trees and central location.
As of February 20th, 2010 there are 29 homes listed for sale in Prairie Village Kansas, suburban Kansas City in Johnson County with an asking price of $450,000 or more. Since August 20th, 2009 10 Prairie Village KS homes have sold when their asking price was $450,000 or more. Based on supply and demand, a strong buyer advantages exits in the $450K+ housing market in Prairie Village KS.
Ken Jansen Broker, CRS, ABR, CLHMS, ePRO, CSP
Jansen Realty Group, Inc.
Phone 913-908-2215 Fax 913-744-2714