Real Estate Market Report for the Overland Park Zip Code 66223 – Is it a buyer’s, seller’s or neutral real estate market?

Real Estate Market Report for the Overland Park Zip Code 66223 

Is it a buyer’s, seller’s or neutral real estate market?


66223, Overland Park, Overland Park KS, Overland Park real estate





September 2016 is a Seller’s market in the Overland Park zip code 66223*

Home For Sale in September 2016: 87 homes.


0% compared to the last month
Up 24.3% compared to the last year

Home Listed in September 2016: 43 homes.


Up 4.9% compared to the last month
Up 7.5% compared to the last year

Home Closed in September 2016: 45 homes.


Up 32.4% compared to the last month
Up 73.1% compared to the last year

Home Placed under Contract in September 2016: 13 homes.


Down 71.7% compared to the last month
Down 56.7% compared to the last year

*Buyer’s market: more than 6 months of inventory based on closed sales


 Seller’s market: less than 3 months of inventory based on closed sales

 Neutral market: 3 – 6 months of inventory based on closed sales

September 2016 Average Sold Price per Square Footage is Neutral in the Overland Park zip code 66223*

Average Sold Price per Square Footage in September 2016:$118 


Up 0.9% compared to the last month
Up 2.6% compared to the last year

*Based on 6 month trend – Appreciating/Depreciating/Neutral



September 2016 Average Days on Market trend is Falling in the Overland Park zip code 66223*



Average Days on Market in September 2016: 18 


Down 40% compared to the last month
Down 48.6% compared to the last year

*Based on 6 month trend – Rising/Falling/Remains Steady



September 2016 is a Seller’s market in the Overland Park zip code 66223*



Months of Inventory based on Closed Sales in September 2016: 1.9 


Down 27.4% compared to the last month
Down 29.7% compared to the last year

*Buyer’s market: more than 6 months of inventory based on closed sales


 Seller’s market: less than 3 months of inventory based on closed sales


 Neutral market: 3 – 6 months of inventory based on closed sales

66223, Overland Park, Overland Park KS, Overland Park real estate

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