Kansas City Real Estate Overland Park Homes

Kansas City Real Estate Market Update for Feb 2008

Our Kansas City real estate market has definitely seen some changes! But there still is a fair amount of activity out there, especially with the first time home buyer.  They’re trying to capitalize on what’s left with the zero down payment programs.  The hottest activity is the price range in Johnson County homes is the $120,000-140,000 price range.  They are selling 20% of the resale homes available.  Then the 140,000-160,000 price range is selling about 16% of the resale homes.  Of course the 160,000-180,000, 14% of the market is selling. Currently the average of 10% of the Kansas City real estate homes were selling in Feb. With 27% of those Kansas City homes sold, in less than 30 days.  So value is still king!  Offer great condition and good pricing, you’ll find an offer.   

Listen to our podcast on the market conditions in Kansas City!